LG Posts Strong Q1 Results
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LG Electronics reported strong first-quarter earnings, marking one of its best performances to date.
Revenue reached about 23.7 trillion won, while operating profit rose more than 30% year-on-year to around 1.6 trillion won. Net profit also showed solid growth.
The strong results were driven by premium home appliances and TV sales, along with steady growth in the vehicle components business.
Combined sales of home appliances and automotive electronics surpassed 10 trillion won for the first time, highlighting the company’s core growth engines.
The company also expanded its B2B share to 36% and saw continued growth in subscription-based services, strengthening its long-term business model.
LG plans to sustain growth through premium product strategies, global expansion, and improved supply chain efficiency.
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