Company lg declared financial results for the 2nd quarter of 2010

The South Korean company lg Of electronics declared the [neaudirovannye] financial results on [MSFO] for the passed third block of 2010, which was ended on June 30. Company notes that, in spite of continuous decrease, in the majority its structural subdivisions this period was noted by an increase in the incomes in the comparison with the analogous period of last year, where reduction in the profit of mobile subdivision was compensated by an increase in the profit in the subdivisions home entertainments and household equipment.

For the current block lg it dispatched 60,6 mln. units of mobile terminals, which by 13% is higher in the comparison with the previous block and to 2% above in the comparison with the analogous period of last year, because of, as notes company, to an increase in the demand on the developing markets and to sales of the new models of [smartfonov], such as Ally and Optimus Q. the commodity turnover of company in the comparison with the past block grew by 5,8%, and in the comparison with the analogous period of last year - it fell to 29,5%. The decrease of [marzhi] to the cell phones lg connects with an increase in the investments into this structural subdivision and into the expansion of channels of distribution on the developing markets.