LG Group obtains positive financial results during the first quarter of this year
This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press – Economy
LG Electronics (LG) announced its first financial results for the first quarter of 2025, recording unified income from 22.7 Billions of Koreans (KRW) and operational benefits of 1.3 Billion of Korean (KRW), making the highest income in its history for this period.
According to Balaf for the group, this high performance was reflected at the local level, in particular in Morocco, where the company obtained an increase of approximately + 6% compared to the first quarter of 2024 in the size of the products sold and income, which reflects the effectiveness of its commercial strategies and its successful global expansion in the region, these world and local results confirm the strength of the state of the LG, despite the current economic challenges.
This is the first time that LG’s revenues in the first quarter have exceeded the barrier won of 22 billions. This achievement was carried out in a difficult economic environment because the markets were affected by a global economic slowdown. However, the continuous objective of the company on “qualitative growth” played a central role in the achievement of these distinguished results.
The “ecological solution” sector was the main engine of income growth and profitability, in particular in the fields of activity between companies (B2B). Other areas such as services via subscriptions, announcements and content via the webos platform, as well as direct customer sales (D2C), have also helped strengthen standard results.
Operating profits have exceeded the 1,000 billion won barrier for the sixth consecutive year, which reflects strong stability in the structure of profitability. The increase in income from high margins has contributed to improving the positive impact of profitability, as well as improving the personalization of resources, returning the costs of raw materials and transporting to their normal levels and to increase the flexibility of productive processes in the world.
In the household appliance sector, LG continued to run the world market with its high -end products. Compact kitchen devices – which are an important part of B2B work – have also played the main ingredients such as engines and compressors, an important role in general performance.
Subscription services, which combine devices and services, attend rapid expansion. In 2025, LG aims to improve its portfolio of products compatible with the subscription system, in addition to improving after-sales services and accelerating the launch of the subscription worldwide.
In the field of media and entertainment solutions, LG is working to integrate its work on display screens-including televisions and IT (laptops and screens) and (trade displays)-from this year to push synergy on the webos advertising platform and content that traditionally focuses on intelligent televisions.
The LG 2025 television collection has provided improved artificial intelligence features, such as recommended content recommendations, the quality of the super image and sound on an adventure. The new products, such as the LG Gram Pro AI, have enjoyed very light and laptop, the laptop, with positive reactions on the global markets. Where the commercial exhibition sector has also obtained many high -level international contracts.
Vehicle solution continues to increase its sales of high -value products, especially in IVI entertainment systems, while its company is developing to include automotive content platforms. The LG Magna E-Powertrain sector improves its competitiveness through advanced engines and processors and continues to improve its production capacities in global sites to support long-term growth. With regard to the car lighting sector, LG seeks to accelerate the development of new technologies such as intelligent and high resolution lighting systems, as well as improving general efficiency.
Heating, ventilation and air conditioning (CVC) began to work as an independent enterprise in the first quarter of the year 2025. By concentrating its commercial capacities on the gasoline of heating, ventilation and air conditioning (CVC) according to the requests and characteristics of customers, LG increases its contribution to profitability.
In this context, LG has won significant contracts in external markets such as Singapore, thanks to its ability to provide local and dedicated solutions. In the future, LG aims to make CVC an essential pillar in its business portfolio among companies, while improving the use of its exclusive technologies in engines, fans, thermal exchanges and artificial intelligence engines.
LG also plans to maintain its leadership thanks to innovations supported by artificial intelligence. In addition, in the industrial production and electricity sectors, the company actively seeks to seek new opportunities for large -scale cooling systems.
These results are preliminary financial data in accordance with international financial report preparation standards (K-ARS) which are presented to investors before announcing the final results, including net profit. The details linked to each sector will be officially revealed later this month.
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