LG Display Second Quarter 2024 Earnings: ₩1,013 loss per share (vs ₩2,398 loss in 2Q 2023)

LG Display (KRX:034220) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₩6.71t (up 42% from 2Q 2023).
• Net loss: ₩506.5b (loss narrowed by 41% from 2Q 2023).
• ₩1,013 loss per share (improved from ₩2,398 loss in 2Q 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 4.8% 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 down 10% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for LG Display that you need to be mindful of.

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