29th Jul 2010 07:25
2Q 2010 Results Report
LGE Consolidated, IFRS
(Billions of KRW)
|
2010 2Q |
2010 1Q |
2009 2Q |
Sales |
14,410 |
13,217 |
14,515 |
Gross Profit |
3,231 |
3,349 |
4,104 |
Operating Income |
126 |
481 |
1,244 |
Net Income before Tax |
66 |
759 |
1,560 |
Net Income (Quarterly) |
856 |
675 |
1,277 |
l All information regarding management performance and financial results of LG Electronics during the 2nd quarter of 2010 as contained herein has been prepared on a consolidated basis in accordance with International Financial Reporting Standards ("IFRS"). 1st quarter of 2010 and 2nd quarter of 2009 results are also prepared on a consolidated basis in accordance with IFRS for comparison purposes.
l From 2nd quarter of 2010 LG Innotek has been excluded from the consolidation of LGE due to LGE's stake declining to 49.95% in April 22, 2010. For comparison purposes, 1st quarter of 2010 and 2nd quarter of 2009 results are also prepared with LG Innotek excluded from LGE's operating income and instead included in the net income as profit (loss) from discontinued operations.
l In addition, the information regarding results of 2009 and the 2nd quarter of 2010 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.
l Website : http://www.lg.com/global/ir/reports/earning-release.jsp
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