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LG Display registered $5.92 billion in revenues and $710 million in operating loss in the fourth quarter of 2022.
January 27, 2023
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 Dec. 31, 2022. Revenues in the fourth quarter of 2022 increased by 8% to KRW 7,302 billion ($5.92 billion) from KRW 6,771 in the third quarter of 2022 and decreased by 17% from KRW 8,807 in the fourth quarter of 2021. Operating loss in the fourth quarter of 2022 recorded KRW 876 billion ($710 million). This compares with the operating l...
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