LG Sets Q1 2025 Revenue Record at KRW 22.7 Trillion
Company News

LG Sets Q1 2025 Revenue Record at KRW 22.7 Trillion

LG Electronics has reported preliminary first-quarter earnings for 2025, posting a record-high consolidated revenue of KRW 22.7 trillion and an operating profit of KRW 1.3 trillion. This marks the first time LG’s Q1 revenue has crossed the KRW 22 trillion mark.

The growth was attributed to the company’s emphasis on “qualitative growth” with strong performance in B2B sectors. LG's Eco Solution (ES) business was a key revenue and profit driver, supported by subscription services, webOS-based content, and direct-to-consumer sales. Operating profit surpassed KRW 1 trillion for the sixth consecutive year, driven by higher-margin businesses, efficient resource allocation, and lower logistics and raw material costs. The home appliance division led global markets with premium offerings, while LG's subscription business continues to expand globally. LG’s 2025 TV lineup introduced AI features and its vehicle solutions arm, including LG Magna e-Powertrain, is advancing in-vehicle technologies. Meanwhile, LG’s HVAC business now operates independently, securing international contracts and aiming to become a core B2B pillar.

LG Electronics has reported preliminary first-quarter earnings for 2025, posting a record-high consolidated revenue of KRW 22.7 trillion and an operating profit of KRW 1.3 trillion. This marks the first time LG’s Q1 revenue has crossed the KRW 22 trillion mark. The growth was attributed to the company’s emphasis on “qualitative growth” with strong performance in B2B sectors. LG's Eco Solution (ES) business was a key revenue and profit driver, supported by subscription services, webOS-based content, and direct-to-consumer sales. Operating profit surpassed KRW 1 trillion for the sixth consecutive year, driven by higher-margin businesses, efficient resource allocation, and lower logistics and raw material costs. The home appliance division led global markets with premium offerings, while LG's subscription business continues to expand globally. LG’s 2025 TV lineup introduced AI features and its vehicle solutions arm, including LG Magna e-Powertrain, is advancing in-vehicle technologies. Meanwhile, LG’s HVAC business now operates independently, securing international contracts and aiming to become a core B2B pillar.

Next Story
Infrastructure Transport

Railways Completes Odisha’s Longest Tunnel on Khurda–Balangir Line

Indian Railways has completed the construction of Tunnel T-4, the longest tunnel on the Khurda Road–Balangir railway line, marking a significant milestone in Odisha’s railway infrastructure. The 4,185-metre tunnel connects Adenigarh and Charichhak in Boudh district and is now the longest in the state. Railway officials confirmed the successful breakthrough of the tunnel on 16 April, an event referred to as "daylighting", indicating full excavation from one end to the other. The Khurda Road–Balangir rail line spans 301 kilometres, of which 226 kilometres have been completed. Existing op..

Next Story
Infrastructure Urban

Centre May Target Rs Two Trillion Asset Monetisation in FY 2025–26

The Central government is likely to set an asset monetisation target of Rs 1.9 to two trillion for the financial year 2025–26 under Phase Two of the National Monetisation Pipeline (NMP), with a strong emphasis on sectors such as roads, power, railways, and coal and mines. According to officials, development of vacant public land will also emerge as a key pillar of asset recycling in this phase. NMP Phase Two aims to build on the success of NMP 1.0 (FY 2022–25), which achieved Rs 5.65 trillion of the Rs six trillion target. Monetisation formats will include upfront lease revenues, reven..

Next Story
Infrastructure Transport

Joint DPR Proposed for Road And Rail Projects Through ShiradiGhat

Dakshina Kannada MP Captain Brijesh Chowta has called on the Karnataka Chief Secretary to initiate joint planning between the National Highways Authority of India and the Ministry of Railways for road and rail infrastructure through the ecologically sensitive ShiradiGhat corridor. During a meeting with Chief Secretary Dr Shalini Rajneesh, Chowta emphasised the need for a coordinated Detailed Project Report to reduce environmental impact, streamline inter-departmental approvals, and avoid duplication of efforts. Currently, the two agencies are independently preparing DPRs for National Highway..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?