LG Display Co., Ltd. (LPL) on Thursday reported weaker first-quarter results, with wider losses and lower sales compared to the same period last year, although operating profit more than quadrupled.
The company posted a loss from continuing operations before tax of 522.211 billion won, compared with a loss before tax of 148.495 billion won a year earlier.
Operating profit rose to 146.719 billion won from 33.464 billion won, reflecting a significant year-on-year increase.
Net loss attributable to shareholders of the parent company was 570.691 billion won, versus a loss of 262.725 billion won in the prior-year period.
Sales declined 9% to 5.5340 trillion won from 6.0653 trillion won a year ago.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.