Company data sheet · LG Display
LG Display: three lost years, and the economy wasn't the reason.
- Industry
- Electronic Components Manufacturing
- Headquarters
- South Korea
- Ticker
- LPL (NYSE)
- Sources
- SEC filings (2004–2026), Stratrix's verified Decision Cases, market data and official economic statistics for South Korea
- Data as of
- October 18, 2026
- From profit to three straight losses. LG Display earned ₩3.68 trillion in 2015–2017. Then it lost money every year from 2018 to 2020: ₩3.13 trillion in all. 2021 was its first profit in four years: ₩1.19 trillion.
- It wasn't the cycle. The losses began in 2018, a year South Korea economy grew 3.2% and factories added jobs. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2024, its revenue shrank 15% in US dollars; the median among 198 large manufacturers grew 42%. It outgrew only 10% of them.
- Still smaller than it was. Revenue reached ₩26.62 trillion in 2024, 11% below its 2021 peak of ₩29.88 trillion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | ₩26.50 trillion | ₩907 billion | |
| 2017 | ₩27.79 trillion | ₩1.80 trillion | |
| 2018 | ₩24.34 trillion | −₩207 billion | |
| 2019 | ₩23.48 trillion | −₩2.83 trillion | |
| 2020 | ₩24.26 trillion | −₩94.9 billion | |
| 2021 | ₩29.88 trillion | ₩1.19 trillion | |
| 2022 | ₩26.15 trillion | −₩3.07 trillion | |
| 2023 | ₩21.33 trillion | −₩2.73 trillion | |
| 2024 | ₩26.62 trillion | −₩2.56 trillion |
As reported in its annual filings, in KRW. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 6 measures for South Korea, every year since 2016, from the official sources.
- Peer comparison: against 264 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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