LG Display Posts Quarterly Profit

LG Display Co LPL posted a profit in the quarter ended December 31. LG Display posted a quarterly net profit of 319 billion won ($298 million), versus a year-ago net loss of 6 billion won. Its sales surged 32% to 8.74 trillion won. However, analysts were expecting a profit of 401.3 billion won. LG Display shares closed at $13.70 yesterday.