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LG Electronics Q2 operating profit up 61.2 pct to 1.19 tln won

LG Electronics Inc. on Friday estimated its second-quarter operating earnings at 1.19 trillion won (US$868.1 million), up 61.2 percent from a year earlier.

Revenue increased 8.5 percent to 21.7 trillion won. The data for net income was not available…

Hanwha Energy to buy larger stake in holding firm of Hanwha Group

Hanwha Energy Corp., fully owned by the three sons of Hanwha Group Chairman Kim Seung-youn, said Friday it will pay some 180 billion won (US$131 million) to buy an 8 percent stake in the group’s holding company, Hanwha Corp.

Hanwha Energy will make …