Electronic component manufacturer LG Innotek (KRX:011070) reported second-quarter net income attributable to shareholders of the parent company of 98.89 billion won, up from 2.07 billion won a year earlier.
Sales for the quarter ended June 30 was 4.555 trillion won, up from 3.907 trillion won in the year-ago period. Analysts polled by Visible Alpha estimated revenue to hit 4.555 trillion won.
Shares of LG Innotek fell nearly 6% at market close.
Price (KRW): â©258500.00, Change: â©-16000.00, Percent Change: -5.83%
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