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LG Electronics Parent-based 2011 Net Loss Narrows - Quick Facts

South Korea's LG Electronics (LGERF.PK) reported its parent-based net loss in 2011 narrowed to 277.9 billion won from 635.9 billion won last year.

The operating loss for 2011 narrowed to 299.2 billion won from 1.1 trillion won a year earlier, the company said in a regulatory filing.

Sales fell 3.9% to 28.1 trillion won from 29.239 trillion won a year ago.

by RTT Staff Writer

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