LG ANNOUNCES FIRST-QUARTER 2016 FINANCIAL RESULTS

Premium Focused Strategy Results in Highest Profitability Ever for LG Appliances and TVs LG Electronics Inc. (LG) today announced first-quarter 2016 operating profit of KRW 505.2 billion (USD 420.25 million), a 65.5 percent increase from the same period in 2015 on sales of KRW 13.36 trillion (USD 11.12 billion). The LG Home Appliance & Air Solution Company contributed the largest amount, KRW...

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