LG Electronics Q1 net income up nearly 50% on robust sales

LG Electronics Q1 net income up nearly 50% on robust sales

LG Electronics said Thursday its first-quarter net profit jumped nearly 50 percent from a year earlier, driven by record-breaking quarterly sales. The company posted a net profit of 875.6 billion won...

[Digital Daily Reporter Ok Song-i] LG Electronics announced on the 24th that its consolidated sales for the first quarter of this year were provisionally tallied at KRW 22.7398 trillion and operating profit at KRW 1.2591 trillion. With a significant increase in sales from business-to-business (B2B) transactions, which are considered future growth engines, as well as HVAC business, it recorded the highest sales ever for the first quarter. Operat…

LG Announces First-Quarter 2025 Financial Results

Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors SEOUL, April 24, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 22.74 trillion and operating profit of KRW 1.26 trillion for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed KRW 1 trillion d…