LG Display will expand this year's capital expenditures (CAPEX) to the 2 trillion won range.
Kim Seong-hyeon, LG Display chief financial officer (CFO), said at a conference call on Jan. 28 for fourth-quarter and full-year 2025 results, "We are maintaining our investment stance to prepare for the future and upgrade our business structure," and noted, "As a result of investment efficiency efforts, last year's capital expenditures were wrapped up in the mid-1 trillion won range."
Kim added, "This year, considering investments to strengthen competitiveness in organic light-emitting diode (OLED) technology and to reinforce the business, we expect capital expenditures in the 2 trillion won range, up from the previous year." She also said, "For newly decided investments, we will communicate with the market without delay."
LG Display disclosed the same day that last year's annual revenue totaled 25.8101 trillion won, down 3% from a year earlier. Revenue dipped slightly, but operating profit came to 517 billion won for the year, returning to the black on an annual basis for the first time in four years. Last year's earnings before interest, taxes, depreciation and amortization (EBITDA) were 4.8711 trillion won, with a margin of 19%. Fourth-quarter revenue last year was 7.2008 trillion won, down 8% from a year earlier. Operating profit during the period was 168.5 billion won, marking a profit for the second straight quarter.