SEOUL/OSAKA/TOKYO -- The automotive supply arm of LG Electronics has achieved its first operating profit in six years thanks to a surge in orders from electric vehicle manufacturers.
The South Korean company reported Friday that consolidated sales in the April-June quarter jumped 15% on the year to 19.46 trillion won ($14.9 billion). However, group operating profit dipped 12% to 792 billion won.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
