Apple supplier LG Display posts fourth quarterly loss in a row – Finance – Hardware

Nancy J. Delong

Apple supplier LG Exhibit described its fourth quarterly working decline in a row on Friday, hit by lessen liquid crystal exhibit (Lcd) panel price ranges and restructuring expenditures.

The South Korean organization posted a decline of 422 billion gained (A$536.four million) in the October-December quarter, in contrast with an working revenue of 279 billion gained (A$349.8 million) in the exact same period of time a 12 months past.

This was more compact than the analyst estimate of a 578 billion gained (A$725 million) decline, in accordance to Refinitiv SmartEstimate centered on the estimate of 19 analysts.

Income fell 8 % to six.four trillion gained (A$8 billion), LG Exhibit stated in a regulatory submitting.

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