LG Display Posts Annual Profit After Two Years of Losses

LG Display Co Ltd (LPL) reported an annual operating profit of 131 billion won ($98 million) for fiscal year 2025, marking its first profitable year since 2022. The turnaround follows two consecutive years of losses driven by weak panel demand and inventory adjustments. The South Korean display maker's fourth-quarter operating profit reached 131 billion won, reversing a 384 billion won loss from the same period last year. Quarterly revenue declined 16% to 5.9 trillion won. The company attributed improved performance to increased shipments of high-value OLED panels for televisions and stronger demand for IT displays.