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LG Electronics Q3 net drops 34 pct

2013/10/24 13:49

SEOUL, Oct. 24 (Yonhap) -- South Korean consumer electronics giant LG Electronics Inc. said Thursday its third-quarter earnings declined 34 percent from a year earlier largely due to increased marketing costs and one-off costs.

Net profit reached 109 billion won (US$103 million) in the July-September period, compared with a profit of 165 billion won a year earlier, LG Electronics said in a regulatory filing.