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LG Display says third-quarter operating profit rose on year to $519 million
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.
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.
Revenue rose 3.7 percent to 7 trillion won.
($1 = 1,129.5500 won)
Reporting by Joyce Lee; Editing by Stephen Coates
Our Standards:The Thomson Reuters Trust Principles.
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