Flexible Electronics News

LG Display Reports Third Quarter 2022 Results

Revenues in the third quarter of 2022 increased by 21% to $4.723 billion from second quarter of 2022.

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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 Sept. 30, 2022. Revenues in the third quarter of 2022 increased by 21% to KRW 6,771 billion ($4.723 billion) from KRW 5,607 billion in the second quarter of 2022 and decreased by 6% from KRW 7,223 billion in the third quarter of 2021. Operating loss in the third quarter of 2022 recorded KRW 759 billion ($530 million). This compares with...

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