LG Display reports smaller net loss from a year earlier

Home > Business > Industry

print dictionary print

LG Display reports smaller net loss from a year earlier

LG Display, world’s second-largest maker of liquid crystal display panels, said yesterday that it logged a smaller net loss in the fourth quarter from a year earlier. Net loss amounted to 6.25 billion won in the October-December period, smaller than a 268.4 billion won loss a year ago, the company said in a regulatory filing.

The fourth-quarter figure also narrowed from a record net loss of 688 billion won in the third quarter, according to LG Display, which vies with top player Samsung Electronics in the global LCD markets. Sales inched up 2 percent on-year to 6.61 trillion won in the fourth quarter.

Yonhap

More in Industry

Chaebol heads talk shop at closed-door dinner

Arkana arrives

Low battery

Kitting up

I've got two words for you: Biodegradable plastic

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now