Archive · 22 Jul 2026
LG Display Reports Q2 Loss Due to One-Off Costs
LG Display, a company that makes screens for electronics, had a loss in the second quarter of the year.
This loss was because of extra costs from a program where employees could retire early.
However, the company made some money in the first half of the year by focusing on making better screens called OLED.
They plan to keep selling these better screens to make more money in the future.
LG Display reported a net loss of 418.8 billion won in Q2 due to one-off costs.
Operating losses narrowed to 107.72 billion won in Q2 from 116.03 billion won a year earlier.
Sales rose 0.4% to 5.61 trillion won in Q2.
The company swung to a net loss of 994.54 billion won in the first half of the year.
LG Display improved its operating profit to 38.99 billion won in the first half.
- Who
- LG Display, an affiliate of LG Electronics
- What
- Reported a net loss in Q2 due to one-off costs
- When
- Second quarter of the year
- Where
- Seoul, South Korea
- Why
- Due to one-off costs associated with a voluntary retirement program
Financial Challenges
Operational Improvements
Financial Performance
Financial Challenges
LG Display reported a net loss of 418.8 billion won in Q2 due to one-off costs.
Operational Improvements
The company improved its operating profit to 38.99 billion won in the first half of the year.
Business Strategy
Financial Challenges
The company faced financial challenges due to voluntary retirement programs.
Operational Improvements
LG Display is shifting its business portfolio towards OLED products to enhance profitability.
- Net Loss
- 418.8 billion won (US$283 million)
- Operating Loss
- 107.72 billion won
- Sales
- 5.61 trillion won
- First-Half Net Loss
- 994.54 billion won
- First-Half Operating Profit
- 38.99 billion won
- First-Half Sales
- 11.14 trillion won
