{"id":21450,"date":"2023-05-08T09:45:30","date_gmt":"2023-05-08T09:45:30","guid":{"rendered":"https:\/\/homeland-life.com\/?p=21450"},"modified":"2023-05-08T09:45:30","modified_gmt":"2023-05-08T09:45:30","slug":"lg-announced-the-highest-third-quarter-revenues-in-the-companys-history","status":"publish","type":"post","link":"https:\/\/homeland-life.com\/?p=21450","title":{"rendered":"LG announced the highest third quarter revenues in the company\u2019s history"},"content":{"rendered":"<p><img loading=\"lazy\" src=\"https:\/\/www.homeappliancesworld.com\/files\/2018\/10\/LG-Centum-Refrigerator-Family-1024x6821-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\" class=\"aligncenter size-large wp-image-10249\"><br \/>\nLG Electronics announced its preliminary earnings results for the third quarter of 2018.<br \/>\nThe company reported tentative consolidated revenues for the third quarter of 2018 at KRW 15.4 trillion \u2013 the highest third quarter revenues in the company\u2019s history \u2013 and an operating profit of KRW 745.5 billion. Sales are expected to be 1.3 percent higher than the same quarter the previous year with operating profit up 44.4 percent year-on-year.<br \/>\nThese figures are the tentative consolidated earnings based on K-IFRS provided as a service to investors prior to LG Electronics\u2019 final earnings results including net profit. Details regarding each division which will be announced officially later this month.<br \/>\nDuring the latest edition of IFA, LG presents some interesting news, among which the innovative bottom-freezer refrigerator stands out for its significant plusses, such as the 20-year warranty for its internal compressor. Moreover, the refrigerator\u2019s powerhouse is the LG Inverter Linear Compressor which is 32 percent more energy efficient than conventional compressors. This and a range of other efficient features combine to cut the bottom-freezer refrigerator power consumption and give an energy rating of A+++-40 percent.  This means that the refrigerator uses 40 percent less power than models with an A+++  energy rating and will make it easier than ever to save on electric bills.<br \/>\n\u00abLG has long worked to develop a bottom-freezer refrigerator that set new standards in not just energy savings and durability but also design and the new Centum System bottom-freezer refrigerator represents the culmination of these efforts &#8211; said Song Dae-hyun, president of LG Electronics and Home Appliance &amp; Air Solution Company. &#8211; Our premium Centum System bottom-freezer will help cement LG\u2019s long-standing leadership in the global premium refrigerator market.\u00bb<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG Electronics announced its preliminary earnings results for the third quarter of 2018. The company&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21452,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[205,362,424,363,391,421],"_links":{"self":[{"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/posts\/21450"}],"collection":[{"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/homeland-life.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21450"}],"version-history":[{"count":1,"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/posts\/21450\/revisions"}],"predecessor-version":[{"id":22519,"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/posts\/21450\/revisions\/22519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/homeland-life.com\/index.php?rest_route=\/wp\/v2\/media\/21452"}],"wp:attachment":[{"href":"https:\/\/homeland-life.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/homeland-life.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/homeland-life.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}