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LG chairman calls for achieving business goals this year

All News 14:29 October 11, 2016

SEOUL, Oct. 11 (Yonhap) -- LG Group Chairman Koo Bon-moo urged the group's executives on Tuesday to fully achieve their core business goals this year.

Koo made the remarks at a monthly meeting with about 300 executives as slower global economic growth and sluggish domestic consumption are expected to undermine earnings at the group's affiliates, including LG Electronics Inc.

Koo also called for executives to map out next year's business plans by thoroughly reviewing foreign exchange rates and the trend of competition with rivals.

"Although business environments, including a slower growth of the global economy, are difficult, LG has achieved growth by embracing the difficult conditions as an opportunity," Koo told the meeting.

LG Group Chairman Koo Bon-moo (Yonhap file photo)


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