LG Display Reports First Quarter 2025 Results

LG Display reports its second profitable quarter, with increased shipments of OLED TV panels, IT panels and smartphone panels

LG Display reported its financial results for Q1 2025, with revenues of 6,065 billion Won ($4.1 billion USD), a 15% increase from Q1 2024. The company recorded an operating profit of 33.5 billion Won ($23 million USD), the company's second profitable quarter - but a net loss of 237 billion Won ($164 million USD). LG Display says that shipments of OLED panels for TVs, IT and smartphones increased in the quarter, over last year. OLED panels contri…

LG Display Reports First Quarter 2025 Results

LG Display today reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending March 31, 2025.Revenues in the first quarter of 2025 decreased by 23% to KRW 6,065 billion from KRW 7,833 billion in the fourth quarter of 2024 and increased by 15% from KRW 5,253 billion in the first quarter of 2024.Operating profit in the first quarter of 2025 recorded KRW 33.5 billio…

[Digital Daily Reporter Ko Seong-hyeon] LG Display announced its performance on the 24th, recording sales of KRW 6.653 trillion and operating profit of KRW 33.5 billion on a consolidated basis for the first quarter of this year. Sales decreased by 23% compared to the previous quarter, but increased by 15% compared to the same period last year. Operating profit plummeted by 60% compared to the previous quarter, but turned to a surplus compared t…