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LG Household & Health Care Q1 net profit up 3.7 pct. to 234.2 bln won

All News 13:25 April 23, 2020

SEOUL, April 23 (Yonhap) -- LG Household & Health Care Ltd. on Thursday reported its first-quarter net profit of 234.2 billion won (US$ 189.9 million), up 3.7 percent from a year earlier.

The company said in a regulatory filing that it posted 333.7 billion won in operating profit for the quarter, compared with 322.1 billion won a year ago. Sales rose 1.2 percent to 1.89 trillion won.

The operating profit was 43.9 percent higher than the average estimate, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.

※ This article was generated by Yonhap's proprietary algorithm using data from Yonhap Infomax and Korea Exchange(KRX).
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