Seoul: LG Electronics Inc. on Tuesday estimated its first-quarter operating earnings at 1.67 trillion won (US$1.1 billion), reflecting a 32.9 percent increase from the same period last year. The company's sales rose by 4.4 percent, reaching 23.73 trillion won during the first quarter.
According to Yonhap News Agency, details regarding the company's net earnings for the first quarter have not been made available at this time. LG Electronics has stated that it will release its final earnings report at a later date.