LG Electronics reported a 91% drop in its first-quarter net profit.
LG Electronics' quarterly net profit slumped to 22 billion won ($20 million), versus KRW247.5 billion, in the year-ago period.
Its operating profit dropped 13% to KRW349...
Fitch Ratings says LG Electronics still faces an unfavourable macro-economic environment and intensifying competition in its core businesses, notwithstanding the turnaround in the company's operating results and financial profile during 2012....
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