LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-lg-elec-results/lg-electronics-sees-80-percent-drop-in-fourth-quarter-profit-analysts-point-to-thinning-tv-margins-idUSKCN1P20H5

South Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations.

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

Jan 8, 2019, 10:20am UTC
https://www.reuters.com/article/us-lg-elec-results/lg-electronics-sees-80-percent-drop-in-fourth-quarter-profit-analysts-point-to-thinning-tv-margins-idUSKCN1P20H5 >South Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations.