LG Yuplus has recorded the largest operating profit since the launch of Telecom, Power Com, and Dacom s integrated corporation in 2010, thanks to the growing growth of wired and wireless businesses and new businesses in the past three quarters.
LG U Plus has disclosed a 5-day operating profit of W276.7bn, a 10.2% increase in operating profit, the third quarter of the financial statement.
All this year, from the first quarter to the third quarter, the point of view of the operating profit growth rate of two digits of the same period last year.
Sales is 4.1% YoY, and 3 to W47.4bn.
■ Increased sales by 5G, MVNO,
Wireless business recorded sales of 1.5,533 billion won, which has increased by 4.2% YoY, as 5G subscribers. Service sales are 1.434.3 billion won, and connection sales are 88.9 billion won.
In the third quarter, wireless subscribers showed 7.6% annually a total of 7.6499,000.
The quantitative increase in subscribers is the influence of the family phone. MVNO subscribers surged 73.4% YoY in 3Q09.
The 5G subscribers who have attracted wireless service revenue have totaled a total of 4.1 million to 8,000 handset subscribers. 40% of the year is expected to break.
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The 3Q MNO doubles rate decreased by 0.07% compared to the previous year, up to 1.39%.
Branch marketing costs reduced 2.8% YoY to W567.4bn. The same period investment spending (CAPEX) was enforced by W65bn.
■ IPTV sales continued to increase
In the third quarter, the smart home division sales increased by 10.5% compared to the same period last year.
IPTV business sales have achieved 12.4% YoY to W329bn. The increase in basic sales growth was largely affected. The weight of the low price plan is decreasing.
IPTV cumulative subscribers are 8.8% YoY to 5265,000.
Super high-speed internet sales increased by 8.1% YoY to W239.5bn.
Gigabyte Internet subscribers increased by 69.4% to 6.9% compared to the same period last year.
Cumulative ultra-high-speed Internet subscribers also recorded 4.9% of 4.9%.
■ Corporate infrastructure business is also double-digit growth
Business infrastructure business has also been growing. Corporate infrastructure business sales, including new businesses and line businesses, has increased by 11.3% YoY to W369.1bn.
The IDC business continues to grow and strengthens to improve corporate infrastructure business sales. Due to the increase in cloud demand due to non-infrared social transition, IDC business sales increased in 3Q11, and 19.6% YoY to 68.1 billion won.
B2B solutions including smart factories have achieved 22.5 percent, from 22.5%) compared to the same period last year.
Corporate line business sales, including enterprise internet and private lines, also increased by 2.8% YoY to KRW185.6 billion.
Yihyeokju LG U + CFO is becoming accomplished the growth of a stable financial indicators thorough respond to business environment changes due to corona and fourth quarter in will do my best to achieve the goals earnings and enhance shareholder dividend He said.
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