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Originally published by Capital Business
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business
April 7, 2026
2h ago

S. Korea’s LG Electronics posts record-high preliminary revenue for Q1

S. Korea’s LG Electronics posts record-high preliminary revenue for Q1

The company's preliminary revenue grew 4.4 percent from a year earlier to 23.73 trillion won (15.7 billion U.S. dollars) in the January-March quarter, marking a new high for the first quarter. Kenya breaking news | Kenya news today |..

✨ Key Highlights

LG Electronics has announced record-high preliminary revenue for the first quarter of 2024, driven by strong performance in its core businesses despite global economic uncertainty.

  • The tech giant's preliminary revenue reached 23.73 trillion won (15.7 billion U.S. dollars), a 4.4 percent increase year-on-year.
  • LG Electronics, a South Korean tech leader, reported a preliminary operating profit surge of 32.9 percent to 1.67 trillion won (1.1 billion dollars).
  • The company attributed its growth to the competitiveness and market positions of its products, particularly in home appliances.

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