LG Display recorded an operating loss of 107.7 billion won in the second quarter of 2026, but achieved a first-half profit of 39 billion won for the first time in five years since 2021, sending a positive signal for a rebound in the display industry amid seasonal off-peak periods and one-time cost burdens.

LG Display announced on the 22nd that it recorded an operating loss of 107.7 billion won in the second quarter of 2026. This represents a narrower loss compared to 116 billion won in the same period last year. Revenue increased 0.4% year-over-year to 5.6121 trillion won, while net loss turned negative at 418.8 billion won.

However, despite the second-quarter loss, LG Display achieved a dramatic turnaround by recording first-half sales of 11.1461 trillion won and operating profit of 39 billion won, capturing market attention. This marks LG Display's first first-half profit in five years since 2021. In particular, compared to the same period last year (sales of 11.6523 trillion won, operating loss of 82.6 billion won), the company achieved a dramatic reversal with first-half earnings improving by as much as 121.6 billion won.

[Photo=Yonhapnews]

The company attributed the second-quarter loss primarily to seasonal off-peak effects in the display industry and one-time costs from workforce efficiency optimization. Nevertheless, the company emphasized that the first-half return to profitability is a result of the materialization of business structure advancement centered on OLED and technological leadership. Kim Sung-hyun, Chief Financial Officer (CFO), stated, "Excluding one-time factors in the second quarter, the core profitability of the business maintained a profitable trend," demonstrating solid growth.

LG Display plans to continue improving performance in the second half by building on this momentum. To this end, the company will accelerate efforts in "securing leading technology," "advancing technology-based cost innovation," and "technology innovation centered on AX (AI transformation)." In particular, the small and medium-sized business will expand production and shipments of IT OLED, while the large display business will strengthen competitiveness through expanding differentiated product lineups such as high-value gaming OLED monitors. The company will also move to secure market dominance in line with the accelerating trend of LCD-to-OLED transition in the monitor market.

LG Display has proven the results of solid structural improvement by achieving first-half profitability despite the challenges of off-peak season and one-time costs. In the second half, the company is expected to continue improving annual performance through "securing leading technology" and "technology-based cost innovation" while solidifying a stable profit structure. Industry attention is focused on whether LG Display's efforts will lead to sustained growth.