Flexible Electronics News

LG Display Reports Q1 2019 Results

The company will continue to step up its efforts to shift towards a more OLED-focused business structure.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

LG Display reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending March 31, 2019.   Revenues in the first quarter of 2019 increased by 4% to KRW 5,879 billion ($5.1 billion) from the first quarter of 2018 and decreased by 15% from the fourth quarter of 2018.   Operating loss in the first quarter of 2019 recorded KRW 132 billion ($114 million). This compares with the operating loss of KRW 98 billion in t...

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