Its units also delivered strong performances.
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File photo: LG Twin Towers, South Korea |
LG's 2025 performance so far
LG Electronics Inc. has reported a consolidated revenue of KRW 20.74 trillion or around PHP 850.34 billion for the second quarter of 2025. It also logged an operating profit of KRW 639.4 billion, or around PHP 26.2154 billion.
However, both revenue and operating profit declined year-over-year, primarily due to continued global market softness, increased tariff burdens driven by changes in U.S. trade policy, and intensified competition.
Despite these challenges, its other companies delivered strong performance.
The Home Appliance Solution (HS) company posted second-quarter revenue of KRW 6.59 trillion or around PHP 270.19 billion, achieving its highest-ever second-quarter performance. This was thanks to its dual-track strategy, targeting both premium and mass-market segments.
Looking ahead, LG expects market recovery to remain gradual amid heightened competition. The company will focus on expanding its subscription and D2C businesses and pursue additional cost improvements to help mitigate U.S. tariff impacts.
Also recording its highest sales in its history is the Vehicle Solution (VS) Company, reporting a revenue of KRW 2.85 trillion or around PHP 116.85 billion. This was supported by a robust order backlog and increased OEM vehicle sales, particularly in Europe.
Moving forward, the company will focus on strengthening relationships with key customers and maintaining profitability through ongoing efficiency gains.
For the Eco Solution (ES) Company, it logged a second-quarter revenue of KRW 2.64 trillion or around PHP 108.24 billion, also a record for second-quarter performance. This growth was driven by strong demand for residential air conditioners in Korea and continued expansion in the commercial and industrial HVAC segments.
Looking ahead to the second half of the year, the company aims to capture replacement demand for high-efficiency products while expanding its product portfolio to support long-term growth. It also plans to explore new opportunities in emerging sectors such as AI data centers by enhancing its commercial HVAC and industrial chiller capabilities.
Meanwhile, the Media Entertainment Solution (MS) Company posted a second-quarter revenue of KRW 4.39 trillion or around PHP 179.99 billion. It also had an operating loss of KRW 191.7 billion or PHP 7.8597 billion, primarily due to softened demand leading to lower TV sales and increased marketing expenses in response.
Going forward, the Company will focus on enhancing operational efficiency across all business segments. It plans to expand its presence in Global South markets such as India, where demand remains relatively strong.
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