LG Electronics Inc. on Friday estimated its first-quarter operating earnings at 1.33 trillion won (US$984.9 million), down 11 percent from a year earlier. Sales increased 3.3 percent to 21.09 trillion won. The data for net profit was not available. The operating profit was in line with the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The company will release its final earnings report later. Source: Yonhap News Agency
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