LG Display has announced a revenue of KRW 6.065 trillion for the first quarter of 2025 (Note: The initially stated figure of approximately KRW 6.65 trillion has been corrected). The company's operating profit reached KRW 33.5 billion, marking a 15% increase year-on-year and signaling the first time in three years that LG Display has achieved profitability for two consecutive quarters. This positive turnaround can be attributed to favorable exchange rates and heightened inventory demand from customers, notably driven by the supply of panels for the iPhone 16 series. Furthermore, the sale of the LCD factory in Guangzhou yielded KRW 2.2 trillion (Note: While the original sale price was stated as RMB 10.8 billion, considering potential typographical errors and the alignment with financial report data, the value of KRW 2.2 trillion is adopted here), significantly contributing to the enhancement of the company's financial standing.
