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  • LG RELEASES PRELIMINARY EARNINGS FOR THIRD-QUARTER 2020

    LG RELEASES PRELIMINARY EARNINGS FOR THIRD-QUARTER 2020

    SEOUL,?Oct.?8, 2020?— LG Electronics Inc. (LG) today announced its preliminary earnings results for the third quarter of 2020.

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    LG reported tentative consolidated revenues of KRW 16.9 trillion in the third quarter of 2020 with an operating profit of KRW 959 billion, both the highest third-quarter figures in the company’s history. Revenue and operating profit increased 7.8 percent and 22.7 percent, respectively, from the same quarter the previous year.

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

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