LG Display Could Post Wider-than-expected 2Q Loss on Restructuring Cost

Dow Jones

06/29

0446 GMT - LG Display could post a wider 2Q loss than the market expects due to a one-off cost for business restructuring, Nomura's Eon Hwang and YJ Kim say. The South Korean flat-screen maker's operating loss is expected to come in at around 96 billion won for the April-June period, compared with the market consensus estimate of a 55 billion won loss, the analysts reckon. Excluding the one-off cost, the firm's major business likely improved, they say. Its organic light-emitting diode TV panel sales likely rose 9.7% from a year earlier in 2Q, driven by the World Cup soccer games, with its OLED monitor shipments likely having jumped 86%, they add. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

June 29, 2026 00:46 ET (04:46 GMT)

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The South Korean flat-screen maker's operating loss is expected to come in at around 96 billion won for the April-June period, compared with the market consensus estimate of a 55 billion won loss, the analysts reckon. Excluding the one-off cost, the firm's major business likely improved, they say. Its organic light-emitting diode TV panel sales likely rose 9.7% from a year earlier in 2Q, driven by the World Cup soccer games, with its OLED monitor shipments likely having jumped 86%, they add.  Dow Jones NewswiresJune 29, 2026 00:46 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LPL":"LG Display Co ADS","BK4518":"OLED概念","BK4212":"包装食品与肉类","POST":"Post Holdings","BK4148":"电子元件"},"translate_title":"LG Display因重组成本可能出现超出预期的第二季度亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LPL":1.5,"POST":1.5},"content_text":"0446 GMT - LG Display could post a wider 2Q loss than the market expects due to a one-off cost for business restructuring, Nomura's Eon Hwang and YJ Kim say. The South Korean flat-screen maker's operating loss is expected to come in at around 96 billion won for the April-June period, compared with the market consensus estimate of a 55 billion won loss, the analysts reckon. Excluding the one-off cost, the firm's major business likely improved, they say. 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