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LG Witnesses 84% Increase in its Earnings in Q4 2017

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As with the closing of 2017 almost all companies are announcing their financial results one by one. So yesterday, LG Electronics come up with its quarterly report. LG Witnesses 84% Increase in its Earnings in Q4 2017. This is a huge jump as compared to the Q4 2016 earnings of the company which were 35.2 billion ($33 million). Hence overall, LG reported a profit of 366.6 billion won ($343 million) in Q4 2017.

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LG Witnesses 84% Increase in its Earnings in Q4 2017

Interestingly, despite the lower sales projection in Q4, LG has still made its second highest operating profit in 2017.

Also Read: LG to Manufacture 6.5″ OLED Displays for Apple’s Next iPhone

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As its New year’s Resolution, LG is hopeful to increase take this profit to the next level. Analysts predict a 10% increase in the sales for LG’s mobile division due to the V30 & Q lineup.

Let’s see how better LG Electronics can make in the year ahead and how innovative products it will launch in 2018.

Also Read: LG Wallet App Now Arrives on Google Play Store But Only for Unannounced LG G7

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