LG Display says 2017 operating profit up 88 pct on year to $2.3 bln

LG Display says 2017 operating profit up 88 pct on year to $2.3 bln
SEOUL, Jan 23 (Reuters) - South Korea's LG Display Co Ltd said on Tuesday its annual operating profit for 2017 reached 2.5 trillion won ($2.34 billion), up 88 percent from the previous year.

The increase was due to rising prices for large liquid crystal display (LCD) panels during the first half of the year as well as a more diversified product lineup, LG Display said in a regulatory filing.

The Apple supplier said its 2017 sales reached 27.8 trillion won, up 4.9 percent from the previous year. ($1 = 1,068.4800 won) (Reporting by Joyce Lee; Editing by Tom Brown)

2018-01-23 00:19:09

© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Most read today
Most read yesterday
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa