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LG Display Achieves Strong Q2 2024 Revenue Growth
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LG Display Achieves Strong Q2 2024 Revenue Growth

LG Display (LPL) has released an update.

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LG Display Co., Ltd. reports a significant rebound in Q2 2024, with revenues soaring to KRW 6,708 billion, marking a 28% increase from Q1 and a 42% hike from the same period the previous year. The company also managed to dramatically reduce its operating deficit, reflecting an improvement in its financial health and a more efficient cost structure. LG Display is focusing on enhancing its OLED business and high value-added products, aiming for a stable profit structure amidst market uncertainties.

For further insights into LPL stock, check out TipRanks’ Stock Analysis page.

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