LG Electronics is expected to achieve its highest profit in four years, leading KB Securities to raise its target stock price for the company to 130,000 won. The company’s operating profit this year is estimated to increase by 20% from the previous year to 4.1 trillion won, with the operating profit for home appliances in 2025 projected to increase by 28% from the previous year to 2.6 trillion won. The improvement is attributed to a rise in premium home appliance sales in Asian countries and an increase in sales of data center cooling systems.
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Auto-posted at: 2025-03-17 09:02:36