Skip to Content Skip to Accessibility Help
About Cookies on This Site

We use cookies, including cookies from third parties, to enhance your user experience and the effectiveness of our marketing activities. These cookies are performance, analytics and advertising cookies, please see our Privacy and Cookie policy for further information. If you agree to all of our cookies select “Accept all” or select “Cookie Settings” to see which cookies we use and choose which ones you would like to accept.

Cookies Setting
Absolutely Necessary Cookies
These are cookies that are absolutely essential to running a website. This category of cookies cannot be disabled.
Functional Cookies
These cookies are used to provide you with convenient functions, such as product reviews and product video playback, during your web browsing, they also enable interaction with social media accounts.
Social media
Connect with your social channels to share LG Technology with friends for example on Facebook and Twitter.
Analytics Cookies
These cookies allow our website to keep improving functions through website traffic analysis and to suggest personalized content for you.
Advertising Cookies
These cookies enable us to show you ads and other content that we think is most attuned to your interests and digital behavior.

LG RELEASES PRELIMINARY EARNINGS FOR SECOND-QUARTER 2020

Corporate 07/07/2020

Share this content

LG RELEASES PRELIMINARY EARNINGS FOR SECOND-QUARTER 2020

SEOUL, July 7, 2020 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the second quarter of 2020.

 

LG reported tentative consolidated revenues of KRW 12.8 trillion in the second quarter of 2020 with an operating profit of KRW 493.1 billion. Sales are expected to be 17.9 percent lower and operating income down 24.4 percent from the same quarter the previous year.

 

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

 

#2020
Back to List

Related Content

LG’s Commitment to Innovation Is Recognized With Numerous Awards at CES 2024
Corporate

LG’s Commitment to Innovation Is Recognized With Numerous Awards at CES 2024

Learn More
LG Announces 2023 Financial Results
Corporate

LG Announces 2023 Financial Results

Learn More
LG CEO and Key Executives Share Plan to Achieve ‘Future Vision 2030’ Goal
Corporate

LG CEO and Key Executives Share Plan to Achieve ‘Future Vision 2030’ Goal

Learn More