LG Electronics' Operating Earnings Down 21 Pc Due To Increased Costs
The operating profit was 22.5 per cent lower than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. LG Electronics said in a statement that the weak bottom line is attributable to a hike in maritime transportation fees and marketing costs amid intensifying competition.
This story was created as part of a paid partnership with LG Electronics.
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