LG ELECTRONICS INC.
(KRX: 066570)
PRE-EARNINGS GUIDANCE FOR 4Q 2021
(UNAUDITED OPERATING STATISTICS)
LG Electronics Inc. (the ''Company'') is pleased to announce certain unaudited operating statistics
of the Company and its subsidiaries (the ''Group'') for the 4th quarter of 2021 as follows.
In the 4th quarter of 2021, the Group's consolidated sales amounted to KRW 21,008.9 billion (as
compared to KRW 18,786.7 billion in 2021.3Q and KRW 17,399.1 billion in 2020.4Q), representing
a quarter-on-quarter increase of 11.8% (QoQ 11.8%) and a year-on-year increase of 20.7% (YoY
20.7%).
The Group's consolidated operating income amounted to KRW 681.6 billion (as compared to KRW
540.7 billion in 2021.3Q and KRW 862.7 billion in 2020.4Q), representing a quarter-on-quarter
increase of 26.1 % (QoQ 26.1%) and a year-on-year decrease of 21.0% (YoY -21.0%).
| (Billions of KRW) | | | LGE Consolidated, K-IFRS | ||
|
| 2021.4Q | 2021.3Q | QoQ(%) | 2020.4Q | YoY(%) |
| Sales | 21,008.9 | 18,786.7 | 11.8% | 17,399.1 | 20.7% |
| Operating Income (Loss) | 681.6 | 540.7 | 26.1% | 862.7 | -21.0% |
With the official closure of the LG Mobile Communications Company at the end of the month, the
unit's earnings will not be reflected in this quarter's earnings report and will be treated as
discontinued operating losses.
The above-mentioned sales data is unaudited and is based on preliminary internal information of
the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated
financial statements to be published by the Company. Further details of the Group's performance
will be disclosed when the Company announces its financial results for 4Q 2021. The above data is
provided for investors' reference only. When in doubt, investors are advised to seek professional
advice from professional or financial advisers.
LG Electronics Inc.
IR Planning Team
7 Jan, 2022
07336, Korea
LG Twin Towers
128, Yeoui-daero, Yeongdeungpo-gu, Seoul
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.