August 5th, 2026 - 03:21 GMT
LG Electronics (LG) today announced consolidated revenue of USD 16.60 billion and operating profit of USD 1.10 billion for the second quarter of 2026. Revenue and operating profit both reached their highest second-quarter levels in the company’s history. Revenue increased 14.9 percent year-over-year, while operating profit rose 147 percent. The competitiveness of the industry-leading home appliance business continued to deliver solid growth despite continued macroeconomic and geopolitical uncertainty. Combined with a boost from major sporting events, the continued momentum of LG’s vehicle solutions business contributed to company-wide revenue growth. Across ...