Breaking News: LG Display Q1 Operating Profit Jumps 338% to 146.7 Billion Won

Finance|
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By Kim Yoon-soo
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View of LG Display's Paju business site. Photo courtesy of LG Display - Seoul Economic Daily Finance News from South Korea
View of LG Display's Paju business site. Photo courtesy of LG Display

LG Display (034220.KS) reported first-quarter operating profit of 146.7 billion won ($108 million), the company said in a regulatory filing Wednesday.

The figure represents a 338% increase from a year earlier and marks the largest first-quarter profit since 2021. Revenue fell 9% over the same period to 5.534 trillion won.

Original reporting by Kim Yoon-soo for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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