4月24日，LG显示公布2019年第一季(截至2019年3月31日为止)财报：LG显示在2019年第一季度的收入达到了5879亿韩元，与去年同期相比下降了15％，去年同期收入是6948亿韩元，原因是季节性因素减少以及IT部件供应紧张的影响。

尽管2019年第一季度面板尺寸较大，但由于每平方米平均价格下降，该公司第一季度的运营亏损达到了1320亿韩元。此外，每平方米定价相对较高的中小型面板的出货量下降也造成了一定的影响。

电视面板占2019年第一季度收入的36％，移动设备占25％，平板电脑和笔记本电脑占22％，桌面显示器占17％。值得注意的是，负责显示器，笔记本电脑和平板电脑面板的LG显示的IT业务部门在第一季度占总收入的39％，超过了电视业务部门的收入部分。

尽管第一季度经营亏损，公司仍将继续加大力度，转向更加以OLED为重点的业务结构。LG显示是全球唯一一家可以为电视，移动装置和汽车行业生产OLED面板的公司。特别是在其大型OLED面板业务方面，该公司在去年下半年达到了收支平衡点，2018年该业务占电视面板总收入的20％以上。预计到2019年将达到超过30％。

此外，鉴于LG显示正在努力寻找将OLED面板用于各种应用（如汽车）的机会，基于该技术的差异化优势，该公司的OLED业务有望进一步为盈利做出贡献。

LG Display recorded KRW 5,879 billion in revenues in the first quarter of 2019, a quarter-on-quarter decrease of 15% from KRW 6,948 billion, due to a decrease in shipment from low seasonality and the impact of some tight IT component supply issues.

Despite the stabilization of larger size panel pricing during the first quarter of 2019, the company registered KRW 132 billion in operating loss in the first quarter due to a decline in the average price per square meter. This was due to a result of mix impact driven by shipment decrease of small- and mid-sized panels which have relatively higher pricing per square meter.

Panels for TVs accounted for 36% of the revenue in the first quarter of 2019, mobile devices for 25%, tablets and notebook PCs for 22%, and desktop monitors for 17%. Notably, the IT Business Unit of LG Display, which is in charge of panels for monitors, notebook PCs and tablet PCs, generated 39% of the total revenues in the first quarter, surpassing the revenue portion of the TV Business Unit.

LG Display recorded 131% in the liability-to-equity ratio, 98% in the current ratio, and 54% in the net debt-to-equity ratio as of March 31, 2019. The slightly increased ratios of liability-to-equity and net debt-to-equity compared with the previous quarter were mainly due to the company’s mid- to long-term investment into its shift towards a more OLED-focused business structure.

The company will continue to step up its efforts to shift towards a more OLED-focused business structure despite the operating loss in the first quarter. LG Display is the only company in the world that can manufacture OLED panels for the TV, mobile and automotive sectors. In its large-sized OLED panel business in particular, the company reached a break-even point in the second half of last year, and the business accounted for over 20% of total TV panel revenues in 2018. For 2019 it is expected to reach over 30%.

In addition, given that LG Display is making efforts to find opportunities to use OLED panels for various applications such as Automotive, based on the technology’s differentiated advantages, the company’s OLED business is expected to contribute further to profitability.

“We will continue our efforts this year to overcome the challenges that lie ahead as we shift towards a more OLED-focused business structure. We believe that we are on track to build a firm foundation for an OLED-focused business portfolio for future growth, and expect to show solid performance starting from next year,” said Dong-hee Suh, CFO and Senior Vice President of LG Display.