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LG Display Reports Q1′08 Results

Posted by: Jin on: April 10, 2008

On April 10, 2008, LG Display (LPL) reported Q1′08 results, ending March 31, 2008, based on consolidated Korean GAAP accounting rules. The KRW to USD foreign exchange was set at KRW 998.60 per USD. Here are the highlights:

  • Sales: Down 7% Q/Q and up 48% Y/Y to USD 2,753 million
  • Sales Breakdown by Application: 44% LCD TV, 26% LCD monitor, 24% notebook PC, 6% Other
  • Operating Profit: Up 1.4% Q/Q to USD 891 million
  • EBITDA: Down 10% Q/Q and up 211% Y/Y to USD 1,618 million
  • Net Income: Down 5.7% Q/Q to USD 725 million

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