Flexible Electronics News

LG Display Reports First Quarter 2024 Results

Revenues in the first quarter of 2024 increased by 19% to $3.82 billion from the first quarter of 2023.

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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, 2024. Revenues in the first quarter of 2024 decreased by 29% to KRW 5,253 billion ($3.82 billion) from KRW 7,396 billion ($5.37 billion) in the fourth quarter of 2023 and increased by 19% from KRW 4,411 billion ($3.21 billion) in the first quarter of 2023. Operating loss in the first quarter of 2024 was KRW 469 billion ($340 m...

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