LG Display Reports Net Loss in First Half of 2026
LG Display recorded a net loss attributable to the parent company of 975.33 billion Korean won (approximately $7.1 billion) for the first half of its 2026 fiscal year. This marks a shift from a profit in the same period last year.
LG Display has announced its financial results for the first half of its 2026 fiscal year, revealing a significant decline in profitability.
The company reported a net loss of 975.33 billion Korean won (approximately $7.1 billion) for the period from January to June 2026. This contrasts sharply with a net profit of 603.09 billion Korean won in the first half of 2025. Total revenue also saw a decrease of 4.34%, amounting to 11.15 trillion Korean won.
Gross profit fell by 24.86% to 1.53 trillion Korean won, with the gross profit margin decreasing to 13.72%. However, LG Display did report a substantial increase of 311.09% in its operating cash flow, reaching 996.61 billion Korean won.
Earnings per share (basic) stood at -1,951 Korean won, down from 1,206 Korean won in the prior year. The report also detailed the company's balance sheet as of June 30, 2026, with total assets at 27.50 trillion Korean won and total liabilities at 19.85 trillion Korean won.
The results highlight profitability challenges for the display manufacturer, despite a significant improvement in operating cash generation.