LG Telecom Q2 net falls 43.3 pct on higher costs

SEOUL, July 31 (Yonhap) -- LG Telecom Ltd., South Korea's smallest mobile
carrier, said Friday its second-quarter earnings fell 43.3 percent from a year
earlier largely due to higher marketing costs.

Net income stood at 38.3 billion won (US$31.1 million) in the April-June period,
compared with 67.6 billion won a year earlier, LG Telecom said in a regulatory
filing. The bottom line also plunged 66.9 percent from the first quarter.
Sales, however, rose 5.69 percent on-year to 1.33 trillion won, while operating
profit fell 38.8 percent to 58.1 billion won, it said.
ygkim@yna.co.kr
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