LG Display Turns Operating Profit Positive in Q4 Last Year... Annual Loss of 29 Billion KRW

[Asia Economy Reporter Ji Yeon-jin] LG Display announced on the 27th that its operating loss narrowed to the 29 billion KRW range as its operating profit turned positive in the fourth quarter of last year.

The company reported sales of 24.2301 trillion KRW last year, a 3% increase compared to the previous year, and an operating loss reduced by 98% to 29.116 billion KRW. The net loss for the period was 70.636 billion KRW, a 97% decrease compared to the previous year.