LG releases Q3 2024 financial results

by The Manila Times

Nov 09, 2024 12:06 am

LG Electronics Inc. (LG) announced its third quarter 2024 consolidated revenue of KRW 22.18 trillion and an operating profit of KRW 751.9 billion. This revenue marked the highest for a third quarter while the operating profit ranked as the fourth highest in the company's history.

Several external factors impacted the third quarter, including a prolonged delay in market demand recovery and ongoing geopolitical conflicts worldwide. These challenges led to a rise in global shipping expenses, contributing to increased costs.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Trumpius Maximus: Memes, Crypto, and 2025's Digital Revolution

N2OFF and Solterra Brand Services Italy executed a binding LOI to Develop Two 98MWp Battery Storage Projects in Sicily

EMCORE Reports Fiscal 2024 Fourth Quarter Results

Avadel Pharmaceuticals to Provide a Corporate Update and Preliminary Fourth Quarter and Full Year 2024 Financial Highlights on January 8

Cerence AI Expands Collaboration with NVIDIA to Advance its CaLLM Family of Language Models

Taysha Gene Therapies Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Inari Medical to Present at the J.P. Morgan Healthcare Conference