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LG Electronics Incorporated released its 3Q 2023 Results Report on October 27, 2023, stating consolidated K-IFRS Sales of 20,709.4 billion KRW, Operating Income of 996.7 billion KRW, and Net Income of 485.2 billion KRW for the quarter. This information was prepared in advance, prior to review by outside auditors, and is subject to change.
| Date | 27 Oct 2023 |
| Time | 09:00:32 |
| Category | Results |
| ID | 5482R |
3Q 2023 Results Report
|
LGE Consolidated, K-IFRS |
(Billions of KRW) |
||
|
|
2023 3Q |
2023 2Q |
2022 3Q |
|
Sales |
20,709.4 |
19,998.4 |
21,176.8 |
|
Gross Profit |
5,011.5 |
4,886.0 |
5,045.4 |
|
Operating Income |
996.7 |
741.9 |
746.6 |
|
Net Income before Tax |
649.0 |
386.2 |
436.0 |
|
Net Income |
485.2 |
195.3 |
336.5 |
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 3rd 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 3rd 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.