LG Q2 2019 profits down 67.5% YoY, mobile sales down 21.3% YoY

LG Electronics has reported revenues of 15.63 trillion won (US$ 13.40 billion) for the second quarter that ended June 30, 2019, which is down 15.4% compared to the same quarter last year. It posted profits of 652.3 billion won (US$ 559.4 million), down 15.4% YoY, while net profit was down 67.5% YoY to 106 billion won. Continue reading “LG Q2 2019 profits down 67.5% YoY, mobile sales down 21.3% YoY”