[Breaking] LGD Q2 Operating Profit 701.1 Billion Won... Surpasses 700 Billion for First Time in 4 Years

[Asia Economy Reporter Kim Heung-soon] LG Display announced on the 28th that its consolidated operating profit for the second quarter of this year was tentatively estimated at 701.1 billion KRW, turning to a profit compared to an operating loss of 517 billion KRW in the same period last year. Operating profit has recorded a profit for four consecutive quarters since the third quarter of last year, and exceeded 700 billion KRW for the first time in four years since the second quarter of 2017 (804.3 billion KRW). Sales for the second quarter of this year were 6.9656 trillion KRW, an increase of 31.3% compared to the same period last year. This is the highest sales amount ever recorded for the second quarter.

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