2nd Quarter Results

LG Electronics Incorporated

27 July 2023

 

2Q 2023 Results Report

LGE Consolidated, K-IFRS	(Billions of KRW)
	2023 2Q	2023 1Q	2022 2Q
Sales	19,998.4	20,415.9	19,464.0
Gross Profit	4,886.0	5,169.9	5,006.3
Operating Income	741.9	1,497.4	792.2
Net Income before Tax	386.2	933.7	604.1
Net Income	195.3	546.5	338.0

With the official closure of Solar panel business at the end of June 2022, the Group presented related gains and losses in discontinued operations.

l All information regarding the financial results of LG Electronics during the 2nd quarter of 2023 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 2023 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.

 

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