LG Electronics Inc. has achieved a historic milestone, reporting a record-breaking first-quarter consolidated revenue of KRW 22.7 trillion in 2025. The Seoul-based technology leader’s unprecedented performance marks the first time the company has surpassed the KRW 22 trillion threshold in any first quarter.

The company’s stellar financial results demonstrate significant growth across multiple business segments, with operating profits reaching KRW 1.3 trillion. This achievement represents the sixth consecutive year LG has maintained operating profits above KRW 1 trillion, reinforcing its position as a global technology powerhouse.

The remarkable growth is primarily attributed to LG’s Eco Solution (ES) business division, which has shown exceptional performance in B2B sectors. The company’s strategic focus on diversifying revenue streams through subscription services, webOS-based advertising, and direct-to-consumer sales has proven highly successful in driving revenue growth.

A significant development in LG’s operational structure saw the HVAC business begin independent operations during the first quarter. This strategic move has already yielded positive results, with the division securing major international contracts and introducing AI-powered innovations in both commercial and residential markets.

The home appliance division continues to maintain its dominant position in the global premium products market, while the vehicle solution business has expanded its portfolio of high-value-added products, particularly in-vehicle infotainment systems. These achievements reflect LG’s successful execution of its premium market strategy.

The company’s profitability has been further enhanced through strategic resource allocation, optimization of raw material costs, and improvements in global production operations. These operational efficiencies have contributed significantly to the record-breaking quarterly performance.

Looking ahead, LG has outlined ambitious plans to strengthen its market position. The company is set to expand its subscription-ready product lineup and enhance customer care services, with a particular focus on accelerating the global rollout of its subscription model. In the residential market, LG aims to maintain its leadership through continued innovation in AI-powered solutions.

Furthermore, LG is actively pursuing opportunities in industrial and power-generation sectors, with a specific focus on large-scale chiller systems. This strategic expansion into new markets demonstrates the company’s commitment to diversifying its revenue streams and maintaining sustainable growth.

The record-breaking first-quarter performance positions LG Electronics favorably for continued success in 2025, as the company maintains its focus on innovation, market expansion, and operational excellence across its diverse business portfolio.

News Source: https://www.lgnewsroom.com/2025/04/lg-releases-preliminary-earnings-for-first-quarter-2025/