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LG Electronics Incorporated published its 2Q 2023 Results Report on July 27, 2023. For the second quarter of 2023, the company reported consolidated sales of 19,998.4 billion KRW, operating income of 741.9 billion KRW, and net income of 195.3 billion KRW. These financial results, prepared in accordance with K-IFRS, are advance figures and are subject to change pending final review by outside auditors.
| Date | 27 Jul 2023 |
| Time | 07:35:03 |
| Category | Corporate updates |
| ID | 3970H |
2Q 2023 Results Report
|
LGE Consolidated, K-IFRS |
(Billions of KRW) |
||
|
|
2023 2Q |
2023 1Q |
2022 2Q |
|
Sales |
19,998.4 |
20,415.9 |
19,464.0 |
|
Gross Profit |
4,886.0 |
5,169.9 |
5,006.3 |
|
Operating Income |
741.9 |
1,497.4 |
792.2 |
|
Net Income before Tax |
386.2 |
933.7 |
604.1 |
|
Net Income |
195.3 |
546.5 |
338.0 |
With the official closure of Solar panel business at the end of June 2022, the Group presented related gains and losses in discontinued operations.
l All information regarding the financial results of LG Electronics during the 2nd quarter of 2023 as contained herein has been prepared on a consolidated basis in accordance with International Financial Reporting Standards ("IFRS").
l The information regarding results of the 2nd quarter of 2023 has been prepared in advance, prior to being reviewed by outside auditors, solely for the convenience of investors of the Company, and is subject to change in the process of final review by outside auditors. Please see other notes and disclaimers at our website.