Public Square
LG announces 2023 financial results

LG Electronics Inc. (LG) announced its financial results for the year 2023, disclosing a consolidated revenue of 84.2 trillion Korean won (KRW) and an operating profit of 3.55 trillion KRW.

LG's core business of home appliances and the burgeoning vehicle components business have demonstrated remarkable resilience. The combined revenue of these businesses exceeded 40 trillion KRW last year.