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LG Electronics reports record fourth quarter

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LG Electronics posted operating income of 647 billion won and sales of 18.8 trillion won in the fourth quarter of 2020, the company said on Friday in its preliminary earning guidance.
LG Electronics reported preliminary fourth quarter results on Friday afternoon, with the company posting 647 billion won in operating income, and sales of 18.8 trillion won. It is a rise of 536% and 16.9%, respectively, from the same time period a year ago. It is LG’s best fourth quarter earnings on record and a return to form for the Korean electronics maker.

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