LG Display is Beneficiary of LCD Structural Change ¨C Yoojin Investment Securiti

[2009-01-21]

Yoojin Investment Securities, Analyst Chunhong Min forecasted that "LGD recorded lower than anticipated profitability due to the recent global economic recession and decreased demands but the changes in LCD industry is leading to the structural change and LGD will become the major beneficiary to the coming changes."

Analyst Min added "1Q 2009 LGD revenue is expected at KRW 3.7529 trillion with loss of operating proft at KRW 341.3 billion to continue its path of worsened results but later in 2009 is expected to show increased demand as initially expected that results will enter balanced state in that time period."
Source: www.fpdisplay.com
Keywords:LCD
Related Articles: