July 5, 2024

LG Electronics Q2 operating profit up 61.2 pct to 1.19 tln won

LG Electronics Inc. on Friday estimated its second-quarter operating earnings at 1.19 trillion won (US$868.1 million), up 61.2 percent from a year earlier.

Revenue increased 8.5 percent to 21.7 trillion won. The data for net income was not available…

(LEAD) S. Korea’s current account returns to surplus in May

South Korea logged the largest current account surplus in 32 months in May on the back of a sharp rise in the trade surplus and increased dividend income, central bank data showed Friday.

The country’s current account surplus reached US$8.92 billion…