Flexible Electronics News

LG Display Reports 2Q 2023 Results

LG Display recorded $3.8 billion in revenues and KRW 881 billion in operating loss in the second 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 June 30, 2023. Revenues in the second quarter of 2023 increased by 7% to KRW 4,739 billion ($3.8 billion) from KRW 4,411 billion in the first quarter of 2023 and decreased by 15% from KRW 5,607 billion in the second quarter of 2022. Operating loss in the second quarter of 2023 recorded KRW 881 billion ($704 million). This compares with ...

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