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LG Electronics tops 4 trillion won in cumulative operating profit
LG Electronics reported third-quarter cumulative operating profit of 4.0347 trillion won, surpassing 4 trillion won for the first time, with cumulative revenue of 71.3778 trillion won, up 9.2% year-on-year. Third-quarter revenue was 23.8241 trillion won and operating profit 7819 billion won, up 8.9% and 13.5% respectively. The company attributed the results to growth in home appliances, automotive electronics (HVS), and TV, with AI data center cooling orders exceeding 3 trillion won. Yonhap reports Q3 net profit rose 53.7% on new businesses. Korean media highlight the record cumulative profit and the company's plans to accelerate new businesses like cooling solutions and robotics.
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