REG - LG Electronics Inc. - 1st Quarter Results

LG ElectronicsAnnouncement

28/04/2022 07:30

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RNS Number : 6761J  LG Electronics Incorporated  28 April 2022

1Q 2022 Results Report

 

 

 (Billions of KRW)      LGE Consolidated, K-IFRS
                        2022 1Q    2021 4Q    2021 1Q
 Sales                  21,111.4   21,008.6   17,812.4
 Gross Profit           5,917.0    4,734.6    4,817.1
 Operating Income       1,880.5    677.7      1,767.3
 Net Income before Tax  1,922.6    46.9       1,795.2
 Net Income             1,401.0    21.3       1,169.1

 

With the official closure of the LG Mobile Communications Company in the 2nd
quarter of 2021, the unit's earnings are not reflected in this quarter's
earnings report and are treated as

discontinued operating losses.

 

 

l All information regarding the financial results of LG Electronics during the
1st quarter of 2022 as contained herein has been prepared on a consolidated
basis in accordance with International Financial Reporting Standards ("IFRS").

 

l The information regarding results of the 1st quarter of 2022 has been
prepared in advance, prior to being audited 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.

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