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On January 8, 2025, LG Electronics Inc. announced unaudited operating statistics for the 4th quarter of 2024. The Group's consolidated sales for the period amounted to KRW 22,777.5 billion, a 2.7% quarter-on-quarter increase and a 0.2% year-on-year increase. Consolidated operating income was KRW 146.1 billion, representing an 80.6% quarter-on-quarter decrease and a 53.3% year-on-year decrease.
| Date | 8 Jan 2025 |
| Time | 07:00:01 |
| Category | Miscellaneous |
| ID | 5533S |
LG ELECTRONICS INC.
(KRX: 066570)
PRE-EARNINGS GUIDANCE FOR 4Q 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 4th quarter of 2024 as follows.
In the 4th quarter of 2024, the Group's consolidated sales amounted to KRW 22,777.5 billion (as
compared to KRW 22,176.4 billion in 2024.3Q and KRW 22,733.6 billion in 2023.4Q), representing
a quarter-on-quarter increase of 2.7% (QoQ 2.7%) and a year-on-year increase of 0.2% (YoY
0.2%).
The Group's consolidated operating income amounted to KRW 146.1 billion (as compared to KRW
751.9 billion in 2024.3Q and KRW 312.5 billion in 2023.4Q), representing a quarter-on-quarter
decrease of 80.6% (QoQ -80.6%) and a year-on-year decrease of 53.3% (YoY -53.3%).
|
LGE Consolidated, K-IFRS |
|
|
|
(Billions of KRW) |
||
|
|
2024.4Q |
2024.3Q |
QoQ(%) |
2023.4Q |
YoY(%) |
|
|
Sales |
22,777.5 |
22,176.4 |
2.7% |
22,733.6 |
0.2% |
|
|
Operating Income (Loss) |
146.1 |
751.9 |
-80.6% |
312.5 |
-53.3% |
|
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 4Q 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
8 January, 2025
07336, Korea
LG Twin Towers
128, Yeoui-daero, Yeongdeungpo-gu, Seoul