LG Display profit for the year increased by hundreds of times

Today, LG Display has reported the results of its activities in the first quarter of this year, which ended March 31.


Net profit of the company amounted to 600 million dollars, while during the same period a year earlier, LG Display received a net about 970 thousand dollars.


Operating income of the company in the first quarter of last year has made 34,9 million dollars, and this past quarter it increased to 901 million dollars.


LG Display, the turnover for this period increased by 17.9% and amounted to 6.2 billion dollars.


43% of the income brought in displays for TV sets, second place went to displays for smartphones (26%), the third is for tablets and laptops (16%), the fourth — for monitors (15%).


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