LG Electronics’ preliminary third-quarter operating profit rose 13.5% year-on-year to 781.8 billion won, while revenue increased 8.9%. Strong home appliance and vehicle-component businesses supported growth, although profit fell shortShortA position that benefits if price falls. You sell first, then aim to buy back lower—carefully, because losses can grow if price rises.Read More of marketMarketA place—physical or digital—where buyers and sellers meet and agree on a price. Lix’s simple rule: no buyers and sellers, no market.Read More expectations.

LG Electronics disclosed preliminary third-quarter operating profit of 781.8 billion won on 7 October, up 13.5% from a year earlier but down 50.5% from the preceding quarter. Revenue increased 8.9% year-on-year to about 23.83 trillion won. The company cited resilient core products and expanding business-to-business operations. It plans to release final results, including net income and detailed divisional performance, later this month. The preliminary figures remain subject to finalisation.