LG Home Shopping sees profit jump 748%

LG Home Shopping, Korea's largest cable TV home shopping network, expects to double its subscriber base by the end of this year and boost revenue to $540 million from $285 million in 1999, following new government regulations allowing the company to broadcast to more homes. á The Seoul-based company, which has 60% of Korea's TV home shopping market, predicts its net profit will triple to $30 million in 2000 from $9.2 million in 1999. In 2001 net profit will rise 87% to $56 million and…