LG Display stays out of debt for 10 consecutive quarters

Home > Business > Industry

print dictionary print

LG Display stays out of debt for 10 consecutive quarters

LG Display has stayed in the black for a 10th quarter straight, recording an operating profit of more than 470 billion won in the third quarter.

The affiliate of LG Group said yesterday that its profits reached 474.1 billion won over the three-month period ending September, up 22 percent year-on-year. Revenue was 6.54 trillion won, a 0.5 percent drop from a year ago.

Net profit for the July-September period was 354.1 billion won. The company said high demand for panels for big-screen TVs and large-screen smartphones helped to boost profits.

More in Industry

Work at home is not as easy as it sounds, ministry says

Flying visit

[NEWS IN FOCUS] Spotify is still almost here, and seems to be getting closer

Korea Inc. calls on Suga to relax border restrictions

House-bound consumers awaken a sleeping industry

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now