LS Electric-Q1 earnings

LS Electric Q1 net income up 112.8 pct. to 33.5 bln won

SEOUL, April 29 (Yonhap) -- LS Electric Co. on Friday reported its first-quarter net profit of 33.5 billion won (US$26.4 million), up 112.8 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period rose 73.7 percent on-year to 40.6 billion won. Sales increased 23.8 percent to 729.7 billion won.

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