An employee works in front of LG Electronics' organic light-emitting diode (OLED) TV sets, which are made with LG Display flat screens, at its store in Seoul January 28, 2015.
/Kim Hong-Ji
South Korea's LG Display Co Ltd (034220.KS) said on Thursday that operating profit for the April-June quarter nearly tripled from a year earlier, beating expectations on panel sales for large-sized televisions and mobile products.LG Display, which supplies panels to Apple Inc (AAPL.O) and sister firm LG Electronics Inc (066570.KS), said profit for the second quarter was 488 billion won ($419.73 million), compared with 163 billion won a year earlier and an average forecast of 469 billion won in a Thomson I/B/E/S survey of 31 analysts.LG Display shares rebounded sharply on the earnings result, erasing earlier losses. The stock was up 1.3 percent as of 0359 GMT (11.59 p.m. EDT on Wednesday), outperforming the flat benchmark Kospi index.
.KS11. (Reporting by Se Young Lee; Editing by Christopher Cushing)
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