LG Electronics Incorporated PRE-EARNINGS GUIDANCE FOR 2Q 2024
05 July 2024 - 8:22AM
RNS Regulatory News
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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