LG Display Reports Q2 Profit of $619.1 Million, Revenue of $3.99 Billion.

LG Display reported a Q2 profit of $619.1 million, with net income of 62 cents per share. Revenue was $3.99 billion. The company, which makes monitors and panels for TVs, phones, and other products, posted a strong performance in the quarter.

Title: LG Display Reports Strong Q2 Performance, Boosts Panel Prices

LG Display Co., a leading South Korean display panel manufacturer, has reported robust financial results for the second quarter of 2025. The company announced a Q2 profit of $619.1 million, with net income of 62 cents per share. Revenue for the quarter reached $3.99 billion, demonstrating a strong performance in the display panel market.

The company's average sales price of panels per square meter surpassed $1,000 in the second quarter, marking the first time since 2023 that this threshold was exceeded. This increase can be attributed to the suspension of the company's liquid-crystal display (LCD) business, which had lower sales prices. The average panel price can still fluctuate depending on the product mix [1].

LG Display's market share in the global medium and large-sized panels segment dropped to 12.9% in the first half of 2025, down from 15.7% a year earlier. The company noted that Chinese panel makers are actively expanding their presence in the LCD sector, while South Korean firms are increasingly focusing on the organic light-emitting diode (OLED) display segment [1].

The company allocated 10.4% of its sales to research and development projects in the first half of 2025, up from 8.4% in the same period last year. This investment highlights LG Display's commitment to innovation and technological advancements in the display panel industry [1].

The stock of LG Display experienced a notable rebound following the news of Samsung Display's victory in a trade secret infringement lawsuit against Chinese BOE. Analysts attribute this to expectations of a windfall for domestic display companies, as BOE faces difficulties entering the U.S. market for the next 14 years and 8 months [3]. As of 3:10 p.m., LG Display was trading at 13,100 won, up 20.74% from the previous close.

Analysts expect LG Display to announce its Q2 2025 earnings results on August 13th, with estimates of $0.69 per share and revenue of $3.85 billion [2]. The company's previous quarterly earnings report showed a loss of $0.18 per share, significantly missing the consensus estimate, along with a negative net margin of 7.17%.

References

[1] https://en.yna.co.kr/view/AEN20250814008500320
[2] https://www.marketbeat.com/instant-alerts/lg-display-lpl-to-release-quarterly-earnings-on-wednesday-2025-08-06/
[3] https://www.businesskorea.co.kr/news/articleView.html?idxno=249470