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Thursday 30 July 2020

LG’s Q2 2020 profits down 24.1% YoY, Mobile losses continue

LG Electronics has reported revenues of 12.83 trillion won (US$ 10.51 billion) for the second quarter that ended June 30, 2020, which is down 17.9% compared to the same quarter last year. It posted profits of 495.4 billion won (US$ 405.65 million), down 24.1% YoY. “The resilient company managed its supply chain and cost structure … Continue reading "LG’s Q2 2020 profits down 24.1% YoY, Mobile losses continue"