LG Q2 Profits Dip 12.3 Percent to 419.2 Billion Won


SEOUL, Aug. 10 (Yonhap) — LG Corp. reported Thursday that its second-quarter net income dropped 12.3 percent to 419.2 billion won (US$318.7 million) compared to the same period the year prior.

Operating income for the April-June period was 454.7 billion won, a decrease of 9.1 percent year-on-year. Revenue, however, saw an increase of 9.3 percent to 1.89 trillion won.

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