Seoul: LG Display Co. said Wednesday it returned to profit in 2025 for the first time in four years, driven by a strong performance of its organic light-emitting diode (OLED) business. Operating profit for 2025 came to 517 billion won (US$360 million), compared with a loss of 560 billion won in 2024, the company said in a regulatory filing. Sales totaled 25.8 trillion won, down 3 percent from a year earlier. Net profit came to 303.8 billion won, swinging from a loss of 2.4 trillion won a year earlier.
According to Yonhap News Agency, in the fourth quarter, LG Display said it has posted a net loss of 351.2 billion won, remaining in the red compared with a year ago. The company's operating profit for the October-December period more than doubled on-year to 168.5 billion won. Quarterly sales decreased 8.1 percent to 7.2 trillion won.
LG Display attributed the annual turnaround to its OLED division, which accounted for 61 percent of total sales in 2025, sharply up from 55 percent in 2024. "In 2025, we suspended the large-sized LCD business and restructured our business to focus on the OLED sector," the company said.
LG Display said it will focus its efforts on becoming a "technology-oriented" company in the long run to establish a sustainable profit structure.