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LG Electronics operating income surges in Q4 from prior-year period
StockMarketWire.com
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Electronic goods maker LG Electronics said operating income surged in the fourth quarter of the year thanks to a rise in sales.
For the fourth quarter of 2020, operating income rose 535.6% to KRW 647 million as sales climbed 16.9% to 18,783 billion.
Compared with the third quarter, however, income fell 32.5%, while sales were up 11%.
Story provided by StockMarketWire.com
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