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LG profits up in Q3 after cost-cutting reduces smartphone losses

2018-10-25 10:41:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a small rise in third-quarter revenues and higher profits, helped by reduced losses at its smartphone business and expansion in the automotive market. Total revenues were up 1.3 percent to KRW 15.43 trillion (USD 13.76 billion), and operating profit rose 45 percent to KRW 749 billion, slightly ahead of the company's preliminary report. Net profit jumped 48 percent to KRW 497 billion, helped by lower taxes and fewer one-time charges. 

Tags: losses reduces profits smartphone

 

Sears's Losses Could Become Retailer's Most Valuable Assets

2018-10-24 17:28:20| National Real Estate Investor

Sears could use its net operating losses to offset $5 billion of future taxable income.

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Indian telco losses to continue official

2018-10-15 02:00:00| Total Telecom industry news

India's telcos will continue to suffer losses for the remainder of the current financial year and into next year, with prices remaining low, according to one senior industry official. "Under the current scenario…read more on TotalTele.com »

Tags: continue official indian losses

 

Biosecurity at your hands: Measure risks to control losses

2018-10-10 11:00:00| National Hog Farmer

Blueprint: To minimize disease transmission, swine producers and veterinarians adopt biosecurity and management practices at the herd level to control and prevent the occurrence of diseases.

Tags: control hands measure risks

 

Deliveroo losses deepen as investment grows

2018-10-01 16:27:35| BBC News | Business | UK Edition

Revenues doubled last year, but investment in the firm's expansion pushed it deeper into the red.

Tags: investment losses grows deepen

 

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