RNS Number : 3188V
LG Electronics Incorporated
05 July 2024
 

LG ELECTRONICS INC.

(KRX: 066570)

 

PRE-EARNINGS GUIDANCE FOR 2Q 2024

(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 2nd quarter of 2024 as follows.

 

In the 2nd quarter of 2024, the Group's consolidated sales amounted to KRW 21,700.9 billion (as
compared to KRW 21,095.9 billion in 2024.1Q and KRW 19,998.4 billion in 2023.2Q), representing
a quarter-on-quarter increase of 2.9% (QoQ 2.9%) and a year-on-year increase of 8.5% (YoY
8.5%).

 

The Group's consolidated operating income amounted to KRW 1,196.1 billion (as compared to KRW
1,335.4 billion in 2024.1Q and KRW 741.9 billion in 2023.2Q), representing a quarter-on-quarter
decrease of 10.4% (QoQ -10.4%) and a year-on-year increase of 61.2% (YoY 61.2%).

LGE Consolidated, K-IFRS

 



(Billions of KRW)


2024.2Q

2024.1Q

QoQ(%)

2023.2Q

YoY(%)

Sales

21,700.9

21,095.9

2.9%

19,998.4

8.5%

Operating Income (Loss)

1,196.1

1,335.4

-10.4%

741.9

61.2%



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 2Q 2024. 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
5 July, 2024
07336, Korea
LG Twin Towers
128, Yeoui-daero, Yeongdeungpo-gu, Seoul

 

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