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SAN FRANCISCO,Gucci bag Classic 163805 1000, Oct. 21 pm news, according to foreign media reports, LG Electronics Wednesday released as of September 30,Louis Vuitton handbag M93019, 2009 third quarter earnings by strong sales of flat-panel TVs and flat business investment gain promotion significantly enhance the company's net profit up 31 times.

LG Electronics produces consumer electronics products, but also sales behind Nokia and Samsung, the world's third largest mobile phone maker. LG Electronics third-quarter global sales from 12.01 trillion won a year earlier to 13.9 trillion won growth; operating profit increased to 850.2 billion won, 570.7 billion won a year earlier; net profit of 807.2 billion won (about 693.1 million U.S. dollars) ,Gucci Wallets 124591, a year earlier profit of 24.9 billion won,Louis Vuitton handbag M98904_5863, up 31 times, exceeding analyst expectations. Dow Jones eight analysts on average expected value of 712 billion won net profit.

LG Electronics said it expects fourth quarter revenue will continue to grow, the company said: But the company pointed out that the evision and mobile phone prices decline and the growth of the market and R & D costs will lead to chain the fourth quarter gross margin declined.

Nomura Securities analyst James? Kim (James Kim) said: Mobile phone operations in the second quarter gross margin from 11% to 8.8%.

In addition,Louis Vuitton wallet M95189, the liquid crystal display maker LG monitor the performance of growth also contributed to the profit LG Electronics increased. LG Electronics holds a 37.9% stake in LG Display. Last week, LG Display said third-quarter net profit of 295 billion won from a year earlier to grow to 559 billion won, up almost doubled,Gucci bag New arrival 137396, which makes LG Electronics included in the 209.7 billion won equity investment income.