LG Electronics India reported a near 62% drop in third-quarter profit on Wednesday, hit by weaker performance in its home appliances and air solutions business amid soft demand for cooling appliances in Asia’s third-largest economy.
Sign up here.
India remains one of LG Electronics’ key overseas markets, contributing 4.3% to its 2024 global revenue and an outsized share of profits, supported by strong margins, broad segment reach and an extensive distribution network, J.P. Morga… [740 chars]
Source: Reuters | Published: 2026-02-11T13:30:42Z
Credit: Reuters
