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

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?