Lg Of electronics: the 4th quarter of 2009 - most profitable during entire history of company Tweet

The South Korean company lg Of electronics declared about its incomes and operating profit in the fourth quarter of 2009, and also results in entire 2009 which showed a confident increase in the incomes and the record indices of operating profit in comparison with the previous year.

The record indices of sales and operating profit were fixed within the three-month period, which was ended on December 31, 2009. The volume of world sales (including foreign daughterly enterprises lg) grew to 6,8% in comparison with last year and composed 14,3 [trln] of South Korean there (USD 12,2 billion dollars of the USA). Operating profit grew to 446,7 billion South Korean there (382 million dollars of the USA), which led to the profitability at level 3,1%, which by 2.3% is higher in comparison with the fourth quarter of last year.

The annual volume of world sales in 2009 rose to 12,5% and reached the record mark of 55,5 [trln] of South Korean there (43,4 billion dollars of the USA), and operating profit composed 2,9 [trln] of South Korean there (2,3 billion dollars of the USA). The consolidated annual volume of sales, including daughterly enterprises, grew to 15,3% in comparison with last year and composed 73,0 [trln] of South Korean there (57,1 billion dollars of the USA). The consolidated operating profit reached the mark of 4,2 [trln] of South Korean there (3,3 billion dollars of the USA), which gave profitability at level 5,8%.

The volume of sales of the subdivision lg Of mobile Of communications composed 4,2 [trln] of South Korean there (3,6 billion dollars of the USA), which to 7,4% is below in comparison with the previous block. Operating profit in the size of 55,8 billion South Korean there (48 million dollars of the USA) in entire 2009 led to the profitability at level 1,3%. Incomes from sales of cell phones composed 3,9 [trln] of South Korean there (3,3 billion dollars of the USA), which to 5% is less in comparison with the fourth quarter of 2008, whereas operating profit reached the mark of 66,5 billion South Korean there (57 million dollars of the USA), which led to the profitability at level 1,7%. Sales of cell phones grew by 32% in comparison with last year and by 7% in comparison with the past block and composed 33,9 million pieces in the fourth quarter of 2009, which led to the record index of sales into 117,9 million pieces in entire 2009 in comparison with of 100,7 million pieces, sold in 2008. This occurred because of notable increase of sales in North America, Europe and on the developing markets. Reduction in the prices and increase in the marketing expenditures in connection with the mass sale at the end of year and in connection with the expansion of channels of distribution on the developing markets led to the lower profitableness in comparison with the third quarter. The annual volume of sales to the company Of mobile Of communications grew by 13,5% and reached the level of 18,2 [trln] of South Korean there (14,2 billion dollars of the USA), the increase in sales only of cell phones growing by 17,3% in comparison with last year and composing 17,1 [trln] of South Korean there (13,4 billion dollars of the USA).

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