Mobile business continued losses LG third quarter profit will decline by 3.7% 步步高i606

Mobile business continued loss of LG in the third quarter profit will decline 3.7% LG V20 Phoenix Technology News Beijing on October 7th news, according to foreign media reports, LG said on Friday that the company’s third quarter operating profit is expected to decline 3.7%. LG operating profit is likely to be dragged down by the ongoing loss of the mobile sector. As the world’s second largest after Samsung TV manufacturers, LG in a brief regulatory document said third quarter operating profit is expected to 283 billion won ($254 million 530 thousand), compared with the same period last year fell 3.7% to 294 billion won, but higher than analysts expected. 10 analysts by Thomson Reuters StarMineSmartEstimate survey on average expected, LG third quarter operating profit of 274 billion won. LG expects third quarter revenue of $13 trillion and 200 billion won, down by 5.8%. Thomson Reuters StarMineSmartEstimate analysts expect 13 trillion and 600 billion won. LG did not disclose the details of the formal performance, earnings will be released this month in the end. LG had previously expected third quarter operating profit will be higher than the same period last year. Analysts said before the LG third quarter results released Friday, due to the lack of new products to boost sales, LG mobile sector is likely to further increase the loss in the third quarter. At the same time, LG home appliance business may be affected by the weak seasonal demand for air conditioning. Although Samsung in the global recall of Galaxy Note 7 may be an opportunity for LG, but analysts still doubt whether LG can seize this opportunity. HMC investment company analyst Greg · Lu (Greg Roh) said in a report, he expects shipments of LG new V20 smartphones in the fourth quarter of 700 thousand, the mobile phone market in South Korea in September 29th, priced at 899 thousand and 800 won ($810). But Greg ·, Lu said, V20 is unlikely to help LG to stop the continued loss of mobile business trends. LG shares fell 0.4% on Friday, better than the market’s decline of 0.6%. (compile Xiao rain)  相关的主题文章: