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LG Electronics Incorporated (LGE) reported its consolidated K-IFRS financial results for the 4th quarter of 2023 on January 25, 2024. For Q4 2023, LGE recorded sales of KRW 23,104.1 billion, operating income of KRW 313.1 billion, and a net income of KRW -76.4 billion. These preliminary figures are unaudited and subject to change during final review by outside auditors.
| Date | 25 Jan 2024 |
| Time | 07:00:02 |
| Category | Miscellaneous |
| ID | 8969A |
4Q 2023 Results Report
|
LGE Consolidated, K-IFRS |
(Billions of KRW) |
||
|
|
2023 4Q |
2023 3Q |
2022 4Q |
|
Sales |
23,104.1 |
20,709.4 |
21,857.5 |
|
Gross Profit |
4,735.3 |
5,011.5 |
4,234.0 |
|
Operating Income |
313.1 |
996.7 |
69.3 |
|
Net Income before Tax |
-99.0 |
649.0 |
-566.3 |
|
Net Income |
-76.4 |
485.2 |
-212.4 |
l All information regarding the financial results of LG Electronics during the 4th 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 4th quarter of 2023 has been prepared in advance, prior to being audited 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.