LG Electronics Q3 Operating Profit Rises 13.5% to 781.9 Billion Won

LG Electronics Ltd. (066570.KS) reported third-quarter operating income of 781.9 billion won, up 13.5% from a year ago, with net income attributable to shareholders rising 72.2% to 663.2 billion won. Shares traded at 162,200 won on the Korea Exchange, up 2.98%. Third-quarter sales rose 8.9% to 23.82 trillion won. For the cumulative period, operating profit reached 4.04 trillion won, up 55.9% year over year, while sales totaled 71.38 trillion won, an increase of 9.2%. The company's dual-class shares (066575.KS) also trade on the Korean exchange.