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LG Electronics Q1 net income up nearly 50% on robust sales

Summary by The Korea Times
LG Electronics said Thursday its first-quarter net profit jumped nearly 50 percent from a year earlier, driven by record-breaking quarterly sales. The company posted a net profit of 875.6 billion won...

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[Digital Daily Reporter Ok Song-i] LG Electronics announced on the 24th that its consolidated sales for the first quarter of this year were provisionally tallied at KRW 22.7398 trillion and operating profit at KRW 1.2591 trillion. With a significant increase in sales from business-to-business (B2B) transactions, which are considered future growth engines, as well as HVAC business, it recorded the highest sales ever for the first quarter. Operat…

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LG Newsroom broke the news in on Thursday, April 24, 2025.
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