LG Display Q2 2026 Operating Loss KRW 108B; Net Loss KRW 419B
LG Display reported Q2 2026 revenues of KRW 5.61 trillion, a 1% increase quarter-over-quarter and stable year-over-year. The company posted an operating loss of KRW 107.7 billion, turning to a deficit from a profit in the previous quarter, and a net loss of KRW 418.8 billion, turning to a deficit year-over-year. Despite the quarterly losses, LG Display achieved a cumulative operating profit of KRW 39 billion for the first half of 2026, marking a return to profitability compared to the same period last year. Management attributed some Q2 expenses to one-off workforce efficiency measures and expressed plans to enhance business competitiveness and cost innovation through AI Transformation in the second half of the year.
Key Highlights
- Q2 2026 Revenues reached KRW 5,612 billion, a 1% increase QoQ and stable YoY.
- Q2 2026 Operating Income was a loss of KRW 107.7 billion, turning to deficit QoQ.
- Q2 2026 Net Income was a loss of KRW 418.8 billion, turning to deficit YoY.
- Cumulative H1 2026 Operating Profit was KRW 39 billion, returning to profitability from a loss in H1 2025.
- Q2 2026 EBITDA was KRW 872 billion, down from KRW 1,141 billion QoQ and KRW 1,054 billion YoY.
- Q2 results included one-off expenses for workforce efficiency measures.
- Company plans to strengthen competitiveness and maximize efficiency through AI Transformation (AX) in H2.
Price Impact
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