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LG Display’s 2024 Financial Audit Reveals Market Challenges

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LG Display’s 2024 Financial Audit Reveals Market Challenges

The latest update is out from LG Display ( (LPL) ).

On March 4, 2025, LG Display received an unqualified audit report from Samil PricewaterhouseCoopers for its financial statements ending December 31, 2024. Despite reporting an increase in revenues from FY 2023 to FY 2024, the company faced significant net losses due to challenging market conditions in the display sector. The audit highlighted key issues such as impairment tests on cash-generating units, reflecting the company’s ongoing struggle with competitive pressures and operational losses.

More about LG Display

LG Display Co., Ltd. operates in the display industry, focusing on the production and development of various display technologies, including OLED and LCD panels, catering to a global market.

YTD Price Performance: 5.16%

Average Trading Volume: 205,176

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.12B

Learn more about LPL stock on TipRanks’ Stock Analysis page.

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