LG Display swings to Q3 profit
- LG Display press release (LPL): Q3 Net income was KRW 755.6B, compared with KRW 1.2B a year earlier and a net loss of KRW 418.8B in Q2.
- Revenue fell 10% Y/Y to KRW 6.28T, while rising 12% Q/Q.
Operating profit was KRW 250.6B, down from KRW 431B a year earlier, compared with an operating loss of KRW 107.7B in Q2.
EBITDA was KRW 1.21T, compared with KRW 1.42T a year earlier and KRW 872B in Q2; EBITDA margin was 19.3%.
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