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Half Yearly Report

29th Jul 2010 07:25

RNS Number : 1345Q
LG Electronics Incorporated
29 July 2010
 



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

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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