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LG Electronics Shares Drop 4% After 62% Profit Decline
LG Electronics fell 4% after a 62% profit decline raised concerns over margins and demand outlook.
LG Electronics shares fell 4% after the company reported a sharp 62% year-on-year decline in net profit, weighed down by margin compression and muted consumer demand.Analysts cited rising input costs and intensifying competition across key appliance and electronics segments as primary pressures.Investors are now evaluating whether the stock’s correction reflects temporary cyclical weakness or signals prolonged earnings stress despite management’s restructuring and innovation initiatives.