LG Electronics first-quarter sales reached 23.73 trillion Korean won, setting a new record for the same period in history.
LG Electronics disclosed its performance report on April 7, confirming that the company's sales revenue for the first quarter of 2026, calculated in accordance with the consolidated financial statements, reached 23.73 trillion Korean won, setting a new record for the same period in previous years. Operating profit was 1.67 trillion Korean won. The report shows that sales increased by 4.4% year-on-year, reaching a new high for the same period in previous years. Operating profit increased by 32.9% year-on-year, far exceeding market expectations. LG Electronics experienced an operating loss of 109.4 billion Korean won in the fourth quarter of last year, marking the first loss in nine years since the fourth quarter of 2016. However, the company turned the loss into a profit in the current quarter.
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