8th Jan 2025 07:00
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 statisticsof 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 (ascompared to KRW 22,176.4 billion in 2024.3Q and KRW 22,733.6 billion in 2023.4Q), representinga quarter-on-quarter increase of 2.7% (QoQ 2.7%) and a year-on-year increase of 0.2% (YoY0.2%).
The Group's consolidated operating income amounted to KRW 146.1 billion (as compared to KRW751.9 billion in 2024.3Q and KRW 312.5 billion in 2023.4Q), representing a quarter-on-quarterdecrease 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 ofthe Group, which may differ from figures to be disclosed in the audited or unaudited consolidatedfinancial statements to be published by the Company. Further details of the Group's performancewill be disclosed when the Company announces its financial results for 4Q 2024. The above datais provided for investors' reference only. When in doubt, investors are advised to seek professionaladvice from professional or financial advisers.
LG Electronics Inc.IR Planning Team8 January, 2025 07336, KoreaLG Twin Towers128, Yeoui-daero, Yeongdeungpo-gu, Seoul
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