LG Electronics announces best total first quarter revenue at US$16.4 bln


KUALA LUMPUR (May 9): LG Electronics Inc has reported its highest first quarter consolidated revenue of US$16.4 billion (RM78.06 billion), while its operating profit was US$1 billion (RM4.74 billion). A statement from the company said the revenue was impressive given high commodity prices, unpredictable exchange rates, rising interest rates, and delayed demand recovery. This milestone [...]

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