LG Elec says Q1 operating profit likely up 82 percent

An LG Electronics' logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016. REUTERS/Kim Hong-Ji/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD 24 OCT' FOR ALL IMAGES - RTX2Q56Y

South Korea's LG Electronics Inc estimated on Friday its first-quarter operating profit rose 82 percent from a year earlier, beating market expectations on healthy sales of appliances and televisions.

LG said January-March operating profit was likely 922 billion won ($812.98 million), compared with a 518 billion won average forecast from a Thomson Reuters I/B/E/S survey of 24 analysts. Revenue likely rose 9.7 percent from a year earlier to 14.7 trillion won.

LG did not elaborate on its earnings estimates and will provide detailed financial results at end-April.