LG이노텍 공장 전경. (사진=LG이노텍)

 

eBEST Investment & Securities expects LG Innotek's first-quarter earnings to exceed market expectations.

eBEST Investment & Securities estimated LG Innotek's first-quarter operating profit at 140.9 billion won on the 19th. This is more than the existing market estimate of 100 billion won. Researcher Kim predicted LG Innotek's first-quarter sales to be 4.6 trillion won, up 4.3 percent from a year earlier. He then diagnosed LG Innotek's annual sales of 21.4 trillion won this year, up 4.1 percent from a year earlier. Operating profit is expected to rise 10% year-on-year to 914.5 billion won.

"We expect an increase in ASP (average sales unit price) as the portion of iPhone Pro models increases and we continue to raise camera specifications," said eBEST Investment & Securities Co. "Profitability will improve due to investment in expanding our plant in Vietnam."

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