LG Electronics Inc. reported unprecedented first-quarter revenue of KRW 22.74 trillion and an operating profit of KRW 1.26 trillion for 2025, marking a significant milestone in the company’s financial history. The announcement, made on April 24, 2025, demonstrates LG’s resilience in navigating global economic challenges while maintaining strong growth across its business divisions.

Record-Breaking Performance Across Key Divisions

The company’s remarkable financial results were primarily driven by exceptional performance in its Home Appliance Solution Company, which achieved its highest-ever quarterly revenue while maintaining its position as a global market leader. This achievement marks the sixth consecutive year LG has maintained an operating profit exceeding KRW 1 trillion in the first quarter.

B2B Sector Shows Remarkable Growth

A significant contributor to LG’s success was the impressive performance of its B2B operations, particularly the Vehicle Solution Company and Eco Solution Company. These divisions recorded a combined operating profit increase of 37.2% compared to the previous year, highlighting the company’s successful diversification strategy.

Digital Innovation Drives Revenue

LG’s strategic focus on digital transformation has yielded substantial results, with notable growth in subscription services, webOS-based advertising, and direct-to-consumer (D2C) sales channels. The media and entertainment segment demonstrated particularly strong performance, with the company’s webOS-based advertising and content platforms showing significant growth.

Strategic Operations and Market Adaptation

Despite challenging macroeconomic conditions, LG’s emphasis on qualitative growth and strategic investments in high-margin areas has proven effective. The company’s operational efficiency improvements, including optimised resource allocation and normalised costs for raw materials and logistics, have contributed to maintaining a stable profit structure.

Future Growth Trajectory

LG’s strong start to 2025 positions the company favorably for continued growth throughout the year. The company’s demonstrated ability to adapt to market changes while maintaining focus on innovation and customer satisfaction suggests a positive outlook for future performance.

The successful integration of emerging technologies and expansion in diversified business sectors reinforces LG’s position as a leader in the global consumer electronics market, setting a strong foundation for sustained growth in the coming quarters.

Source: LG Newsroom