Operating income of LG in the first quarter may beat all analysts ‘ forecasts
Today, LG Electronics has made a preliminary forecast on the results of its activities in the first quarter of this year, which ended on March 31, 2017.
On evaluation of the LG, operating income of the company for the period amounted to approximately 820 million dollars. Compared to the same period a year earlier, operating income should increase by approximately 82%, exceeding all forecasts of experts. Several dozen analysts believe that it will average about $ 460 million.
The company’s turnover in the first quarter is expected to grow by 9.7% to about 13 billion dollars.
LG financial report will be published at the end of April.