[Featured Stock] LG Household & Health Care's Stock Plummets 17% on Q3 'Earnings Shock'

On the 27th, LG Household & Health Care showed weakness as it announced disappointing earnings.

As of 10:24 AM on the same day, LG Household & Health Care's stock price was trading at 324,500 KRW, down 17.01% compared to the previous trading day.

Earlier, LG Household & Health Care disclosed that its operating profit for the third quarter was 128.5 billion KRW (consolidated basis), a 32.4% decrease compared to the same period last year. This figure fell short of market expectations by 16.3%.

Sales also recorded 1.7462 trillion KRW, down 6.6% compared to the same period last year.