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07.04.2025 05:43:59
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LG Electronics Reports Record Q1 Revenue Of KRW 22.7 Tln
(RTTNews) - LG Electronics Ltd. (LGEPF.OB, LGEJY.OB, LGEIY.OB, LGEAF.OB) announced its preliminary earnings results for the first-quarter of 2025, reporting a consolidated revenue of 22.7 trillion Korean Won and operating profit of 1.3 trillion Won.
This marks the first time its first-quarter revenue has exceeded 22 trillion Won. Operating profit exceeded 1 trillion Won for the sixth consecutive year, continuing to reflect a stable profit structure. Increased revenue from high-margin areas created a strong operating leverage effect, helping to sustain a stable profit structure, the company said.
In the residential market, LG plans to maintain its leadership with AI-powered innovations. Additionally, in industrial and power-generation sectors, the company is actively pursuing new opportunities with large-scale chiller systems, the company said.
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