A total of 872.6 billion won, which is far beyond the securities industry's expectations, is considered as Earnings Surprise.
It is reported that LG's operating profit in the first quarter increased by 20.2% year-on-year, a sharp increase of 202.0% from the previous period. Although this figure did not reach the highest value in the second quarter of 2009 (1.24 trillion won), it hit a second-highest record in a single quarter and hit a record. The highest record for the first quarter of the calendar year.
During the same period, sales of the company increased by 3.2% year-on-year, a decrease of 10.8% from the previous period, to 15.2283 trillion won. This figure has set a new record for sales in the first quarter of the calendar year.
LG Electronics did not publish detailed business results of the business units on that day, but industry analysis stated that LG Electronics’ operating profit surge in the first quarter was mainly attributable to the outstanding sales of the HE Business Unit responsible for the TV business and the H&A Business Unit responsible for the white goods business. .
According to observations, thanks to the listing of high-end new products of LG Electronics, the operating profit of the above two departments may achieve double-digit growth.
On the contrary, the performance of the MC Business Unit responsible for the smart phone business and the VC Business Unit responsible for the auto parts business may still be at a loss. After the MC Business Unit achieved a profit of 370 million won in the first quarter of last year, it was unable to recover from the loss until the fourth quarter. .
According to industry forecasts, thanks to a series of major sports events that have been on the agenda this year, the television sector's performance is expected to continue to improve.
LG Electronics will continue to introduce high-end washing machines. New products such as refrigerators will lead the further growth of the home appliance business.