LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates

LG Electronics says second-quarter profit likely rose 16.1 percent, misses estimates
July 6, 2018
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South Korea’s LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for new products in its TV, smartphone and appliance divisions, analysts said.