Friday, August 22, 2008

"We are aiming to execute more than 6 percent (in operating make a killing margin)," he said. Electronics.

aims to announce operating help bound of above 6 percent from its appliance business, regardless of the economic slowdown and expects salary to improve in 2009, the unit's headmistress told Reuters on Thursday. "The downturn seems to be spreading," Lee Young-ha, president and key governing of LG's appliance unit, said in an interview, adding international trade difficulties would procrastinate into next year. "We are aiming to fulfil more than 6 percent (in operating aid margin)," he said. In 2007, LG posted an operating welfare edge of 6.1 percent in appliances.



The appliance business, which makes refrigerators, circulate conditioners and washers, generated 30 percent of LG's thorough second-quarter gain and contributed 32 percent of its operating profit. LG, which competes with Whirlpool Corp.

operating profit margin




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