Flexible Electronics News

LG Display Reports Third Quarter 2023 Results

LG Display’s losses were reduced compared to the previous quarter and the same period last year.

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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, 2023. Revenues in the third quarter of 2023 increased by 1% to KRW 4,785 billion ($3.54 billion) from KRW 4,739 billion in the second quarter of 2023 and decreased by 29% from KRW 6,771 billion in the third quarter of 2022. Operating loss in the third quarter of 2023 recorded KRW 662 billion ($490 million). This compares with the...

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