LG Q1 net profit up 30.8% to W592.1b

LG Corp. on Friday reported its first-quarter net income of 592.1 billion won ($ 485.4 million), up 30.8 percent from a year earlier.

Operating profit for the January-March period was 607.7 billion won, up 31.2 percent from a year ago, the company said in a regulatory filing. Revenue fell 2.6 percent to 1.58 trillion won. (Yonhap)