LG RELEASES PRELIMINARY EARNINGS FOR FIRST-QUARTER 20192019.04.05
SEOUL, Apr. 5, 2019 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2019.
LG reported tentative consolidated revenues of nearly KRW 14.9 trillion in the first quarter of 2019 with an operating profit of KRW 899.6 billion. Sales and operating income are expected to be 1.4 percent and 18.8 percent lower, respectively, than the same quarter the previous year.
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 which will be officially announced later this month.