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LG Electronics Incorporated announced its 4Q 2024 results on 23 January 2025, reporting consolidated sales of 22,761.5 billion KRW, operating income of 135.4 billion KRW, and a net income of -713.7 billion KRW. The company stated that Sales and Operating Income were restated in accordance with K-IFRS, and the results are prepared in advance, prior to being reviewed by outside auditors, and are subject to change.
| Date | 23 Jan 2025 |
| Time | 07:05:16 |
| Category | Miscellaneous |
| ID | 4361U |
4Q 2024 Results Report
|
LGE Consolidated, K-IFRS |
(Billions of KRW) |
||
|
|
2024 4Q |
2024 3Q |
2023 4Q |
|
Sales |
22,761.5 |
22,176.4 |
22,733.6 |
|
Gross Profit |
4,952.0 |
5,378.0 |
4,734.7 |
|
Operating Income |
135.4 |
751.9 |
312.5 |
|
Net Income before Tax |
-1,095.4 |
534.9 |
-88.6 |
|
Net Income |
-713.7 |
90.2 |
-76.4 |
l With the official closure of Battery pack business in the 3rd quarter of 2024, we presented related gains and losses in discontinued operations. Sales and Operating Income above were restated in accordance with K-IFRS.
l All information regarding the financial results of LG Electronics during the 4th quarter of 2024 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 2024 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.