LG Display First Quarter 2024 Earnings: ₩2,189 loss per share (vs ₩3,392 loss in 1Q 2023)

LG Display (KRX:034220) First Quarter 2024 Results

Key Financial Results

• Revenue: ₩5.25t (up 19% from 1Q 2023).
• Net loss: ₩783.2b (loss narrowed by 36% from 1Q 2023).
• ₩2,189 loss per share (improved from ₩3,392 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LG Display Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in South Korea.

Performance of the South Korean Electronic industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for LG Display that we have uncovered.

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