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Dec 31, 2024
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LG Display Q4 2024 Earnings Report
LG Display posted a net loss in Q4 2024 despite achieving a positive operating income for the quarter.
Key Takeaways
In Q4 2024, LG Display generated 7.83 trillion KRW in revenue and achieved an operating profit of 83.1 billion KRW. However, net loss deepened to 839 billion KRW due to non-operating expenses.
Revenue for Q4 2024 reached 7,833 billion KRW, a 15% QoQ increase.
Operating profit was 83.1 billion KRW, recovering from a loss in Q3.
Net loss widened to 839 billion KRW due to non-operating factors.
Company emphasized OLED performance and cost efficiency initiatives.
Forward Guidance
LG Display plans to enhance competitiveness by focusing on OLED growth, cost control, and structural improvements amid ongoing market challenges.
Positive Outlook
- OLED products accounted for 60% of Q4 revenue
- Continued performance gains in IT and automotive OLED
- Improved operating margin from cost efficiency
- Strategic diversification of OLED applications
- Company targeting stable growth in premium display segments
Challenges Ahead
- Net loss persisted due to non-operating items
- LCD business remains under pressure
- Weak macroeconomic demand in consumer electronics
- FX volatility adds financial uncertainty
- High investment in OLED R&D impacts bottom line
Historical Earnings Impact
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Avg. Return Before/After Earnings
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