LG Electronics first-quarter profit down 36.2 percent year-on-year, misses expectations

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Wednesday its January-March profit fell 36.2 percent from a year earlier, missing expectations as deteriorating economic conditions in key markets undercut its television business. LG reported a first-quarter operating profit of 305 billion won (186 million pounds), compared with a 319 billion won mean estimate from a Thomson Reuters I/B/E/S survey of 35 analysts. ...