LG电子预计第三季度营收和营业利润双双下滑

Core Insights - LG Electronics reported third-quarter earnings with revenue of 21.8751 trillion KRW and operating profit of 688.9 billion KRW, reflecting a year-over-year revenue decline of 1.4% and an operating profit decrease of 8.4% [1][3]. Group 1: Financial Performance - The decline in performance was primarily attributed to the burden of tariffs on the television business and weak overall performance [3]. - The home appliance sector faced high export tariff costs and sluggish global demand recovery [3]. Group 2: Business Challenges - The media entertainment division responsible for the television business experienced increased marketing expenses due to intensified market competition [3]. - A voluntary retirement program for employees aged 50 and above or with low performance resulted in one-time costs impacting profitability [3]. Group 3: Strategic Initiatives - The company is actively working to mitigate the negative impact of tariffs through optimized production operations and resource allocation [4]. - LG Electronics is seeing steady growth in its subscription business that combines products and services [4]. Group 4: Business Segments - The automotive parts business is expected to achieve record profitability in the third quarter, driven by significant sales growth in high-end in-car infotainment products [4]. - The HVAC business has secured large-scale orders globally, including AI data center cooling solutions [4]. Group 5: Future Focus - LG Electronics plans to emphasize "qualitative growth" in areas such as automotive parts, HVAC B2B business, and non-hardware operations like appliance subscriptions and WebOS [4]. - The company anticipates significant financing from its upcoming IPO in India, which will accelerate business restructuring and future growth [4][5].