vimarsana.com

Page 2 - எல்ஜி கைபேசி தகவல்தொடர்புகள் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LG reports record Ksh 145 billion global operating profit for Q1

LG reports record Ksh. 145 billion global operating profit for Q1 Shares LG Electronics (LG) has released its first-quarter 2021 consolidated sales of Ksh. 1.8 trillion ($16.90 billion) and operating profit of Ksh. 145 billion ($1.36 billion), the highest quarterly results in the company’s history. The 8.1% profit is the first-quarter operating profit record for LG, reflecting strong demand for its home appliances and home entertainment products. Consequently, revenues grew by 27.7%, as profitability soared 39.1% compared to Quarter 1 the previous year. The LG Home Appliance and Air Solution Company generated first-quarter sales of Ksh. 645.2 billion ($6.03 billion), an increase of 23.8% from the previous year. Operating profit at Ksh. 88 billion ($826.39 million) was 22.1 percent higher than the first quarter 2020.

LG posts highest quarterly revenue and profit ever in the first quarter

LG posts highest quarterly revenue and profit ever in the first quarter Apr 29, 2021 06:46 EDT with 2 comments Like many other companies, LG has posted its earnings results for the first three months of calendar year 2021 this week, which in LG s case is also the first quarter of its fiscal year. Even though this is the quarter after the holiday season, LG managed to increase both its revenue and profit from the previous quarter, to 18.81 trillion won ($16.90 billion) and 1.52 trillion won ($1.36 billion), respectively. Not only is that an increase from the last quarter, but those are the highest quarterly results LG has ever posted.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.