LG Display's operating profit in the fourth quarter was below expectations
LG Display's operating profit for the fourth quarter was below analysts' average expectations. The operating profit for the fourth quarter was 83.11 billion KRW, a year-on-year decrease of 37%, compared to an estimate of 207.13 billion KRW. The net loss for the fourth quarter was 917.76 billion KRW, with an estimated loss of 32.63 billion KRW; whereas the profit for the same period last year was 58.19 billion KRW. Sales amounted to 7.83 trillion KRW, a year-on-year increase of 5.9%, compared to an estimate of 7.63 trillion KRW