REG - LG Electronics Inc. - Half-year Report

LG ElectronicsAnnouncement

29/07/2021 07:40

RNS Number : 8899G
  
LG Electronics Incorporated
  
29 July 2021
  
 

2Q 2021 Results Report
 
 



(Billions of KRW)


LGE Consolidated, K-IFRS








2021 2Q


2021 1Q


2020 2Q




Sales


17,113.9


17,812.4


11,528.8




Gross Profit


4,534.4


4,817.1


3,169.2




Operating Income


1,112.7


1,767.3


672.2




Net Income before Tax


1,305.0


1,795.2


357.1




Net Income


-113.6


1,169.1


65.6



 
With the official closure of the LG Mobile Communications Company at the end of the month, the unit's earnings will not be reflected in this quarter's earnings report and will be treated as discontinued operating losses. Earnings for the first quarter of 2021 and the second quarter of 2020 will also be adjusted to reflect this change.
 
 
l All information regarding the financial results of LG Electronics during the 2nd quarter of 2021 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 2nd quarter of 2021 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/investor-relations/reports
                                                                                                               

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