LG Display swings into black in Q3

By Kim Yoo-chul

LG Display, the world’s biggest flat-screen manufacturer, swung to profit in the third quarter for the first time in two years on the back of brisk sales.

During the July-September period, the firm reported 253 billion won in operating profit, while quarterly revenue reached a record-high 7.6 trillion won, up 21.2 percent from a year ago, LG Display said in a statement late Friday. Net profit for the last quarter was 158 billion won.