SEOUL (Reuters) – South Korea’s LG Display Co Ltd said third-quarter operating profit surged 81 percent from a year earlier on the back of a recovery in panel prices.
A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo
Operating profit for July-September came in at 586 billion won ($519 million), up from 323 billion won in the same period a year ago and above an average 567 billion won forecast drawn from 15 analysts polled by Thomson Reuters I/B/E/S.
