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30.01.26 - 08:18
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LG Electronics Q4 Loss Widens, Revenues Rise (AFX)
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SEOUL (dpa-AFX) - LG Electronics Ltd. (LGEPF, LGEJY, LGEIY, LGEAF), a South Korean consumer electronics major, on Friday reported wider net loss in its fourth quarter, despite higher sales.In Sout......
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26.01.26 - 09:54
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LG INNOTEK Q4 Net Income Rises; Sales Up 14.8% (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - LG Innotek Co., Ltd. (011070.KS) reported that its fourth quarter net income attributable to shareholders of parent company was 135.9 billion Korean won compar......
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21.01.26 - 11:24
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LG Uplus FY Net Income Rises; Sales Up 5.7% (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - LG Uplus (032640.KS) reported fiscal year net income of 509.2 billion Korean won compared to 314.6 billion Korean won, prior year, an increase of 61.9%. Net in......
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30.12.25 - 05:06
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LG battery supply withdrawals signal reassessment of growth expectations in EV sector (Digitimes)
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LG Energy Solution has ended its battery supply agreement with US module maker FBPS (Freudenberg Battery Power System), following a separate contract termination with Ford Motor Company, marking the combined termination of deals worth approximately KRW13.5 trillion (US$9.38 billion). The move reflects ongoing instability in the electric vehicle (EV) battery sector amid subdued vehicle demand....
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10.07.25 - 01:02
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LG Energy Solution swings to profit as US battery demand lifts results (Digitimes)
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South Korea's LG Energy Solution (LGES) posted a significantly stronger operating profit in the second quarter of 2025, ending a streak of six consecutive quarters of losses and highlighting improved company fundamentals. Operating income rose 152% year-over-year to KRW492.2 billion (approx. US$355 million), despite a 9.7% decrease in revenue to KRW5.56 trillion. Data from financial platform FnGuide showed that LGES's sales were 2.9% below analysts' consensus estimates, while its operating profit surpassed forecasts by 56.3%....
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08.07.25 - 07:06
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Samsung, LG earnings slide amid trade pressures despite tariff deal with Vietnam (Digitimes)
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Samsung Electronics and LG Electronics, South Korea's two largest electronics manufacturers, are experiencing a modest reprieve after the US and Vietnam agreed to sharply lower reciprocal tariffs from 46% to 20%. The move comes as both companies reported disappointing second-quarter 2025 results, weighed down by sluggish demand and rising trade-related costs....
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