LG Display Reports 29% Decrease in Operating Profit in 4Q Last Year
[Asia Economy Reporter Ji Yeon-jin] LG Display announced on the 26th that its operating profit in the fourth quarter of last year decreased by 29.7% to 4,764.3 billion KRW.
During this period, sales increased by 17.5% to 8,806.5 billion KRW, but net profit sharply declined by 70.8% to 179.5 billion KRW.
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For the full year on a consolidated basis, sales increased by 23.1% to 29,878 billion KRW, and operating profit turned positive to 2,230.6 billion KRW. Net profit also turned positive to 1,333.5 billion KRW.
This content was produced with the assistance of AI translation services.
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