LG Releases Preliminary Earnings for First-Quarter 2022


Mobile Device & Consumer Electronic(Technology)

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April 18, 2022: LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2022.LG reported revenues of KRW 21.1 trillion in the first quarter of 2022, 18.5 percent higher than the same quarter the previous year. Operating profit for the first quarter was KRW 1.9 trillion, 6.4 percent higher than the same quarter the previous year.

These figures are the tentative consolidated earnings based on K-IFRS provided as a service to investors prior to LG Electronics’ final earnings results including net profit. Details regarding each division which will be announced officially later this month.

Posted by : Abu Dhabi and Al Ain PR Network Editorial Team
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PR Category : Technology
Posted on : Monday, April 18, 2022 10:06:00 AM UAE local time (GMT+4)
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