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LG forecasts highest quarterly profit in 9 years in Q1 2018

LG posted record profits of 921.5 billion won (US$ 798.3 million), up 82.4% YoY in Q1 2017. The company today released preliminary earnings results for the first quarter of 2018 which shows operating profit of 1.1 trillion won (US$1 billion), up 20.2% year-on-year, marking the highest first quarter revenues and operating profit in the history of the company and highest quarterly operating income in nine years. It expects revenues of 15.1 trillion won for the quarter, up 3.2% compared to 14.66...
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