LY Corporation Limited provided earnings guidance for the first quarter ended March 31, 2019. For the first quarter the group is expected to report a loss which is attributable to a decrease in revenue due to the decrease in the number of container loaded with products ("40-ft containers") as compared to first quarter of 2018 as a result of lower demand from the Group's customers from the United States of America and the decrease in the average selling price per 40-ft container as compared to first quarter of 2018 mainly due to discounts being offered on some of the products (mainly veneer laminated) to the customers due to the drop in demand for such products in the market; and different product mix whereby the Group sells more paper laminated products which have lower selling prices as compared to veneer laminated and/or spray-painted products.