LG Display Reports Fourth Quarter 2020 Results
SEOUL, Korea (Jan. 27, 2021) - LG Display today reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period endingDecember 31, 2020.
w Revenues in thefourthquarter of 2020 increased by 11% to KRW 7,461 billion from KRW 6,738 billion in the third quarter of 2020 and increased by 16% from KRW 6,422 billion in the fourth quarter of 2019.
w Operating profit in the fourthquarter of 2020 recordedKRW 685 billion. This compares with the operating profit of KRW 164 billion in the third quarter of 2020 and the operating loss of KRW 422 billion in the fourth quarter of 2019.
w EBITDA in the fourth quarter of 2020 was KRW 1,774 billion, compared with EBITDA of KRW 1,288 billion in the third quarter of 2020 and with EBITDA of KRW 586 billion in the fourth quarter of 2019.