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LG Display reported weak Q1 2025 results with continued losses in both operating and net income. Despite a positive gross margin, high SG&A costs and limited other income weighed on profitability.
Revenue for Q1 2025 was 6,065.3 billion KRW.
Net loss amounted to 237.0 billion KRW in the quarter.
Operating loss was 79.0 billion KRW, narrowing from the previous year.
Gross profit came in at 753.0 billion KRW, reflecting improved cost efficiency.
LG Display expects continued operational challenges in Q2 but plans to strengthen profitability by focusing on premium products and cost control.