LG Q2 profits up 16%

LG Electronics has reported consolidated global sales of KRW 15.02 trillion (€11.8bn) and operating profits of KRW 771 billion for the second quarter of 2018. Second-quarter sales rose 3.2 per cent while operating profits increased 16.1 per cent from the same period last year. Strong profitability from home appliances and air solutions and premium home entertainment products offset second-quarter operating losses from vehicle components and mobile communications.

Source: LG Q2 profits up 16%