--- title: "LG Electronics' operating profit soared nearly 150% in the second quarter, reaching a record high" type: "News" locale: "en" url: "https://longbridge.com/en/news/291879781.md" description: "LG Electronics' operating profit in the second quarter increased by 146.9% year-on-year to KRW 1.57 trillion, setting a new historical high; revenue grew by 14.9% to KRW 23.82 trillion. Operating profit for the first half reached KRW 3.25 trillion, surpassing last year's total. The strong performance was attributed to growth in sales of high-end home appliances, televisions, and air conditioners, while the automotive parts business also offset geopolitical risks" datetime: "2026-07-07T05:09:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291879781.md) - [en](https://longbridge.com/en/news/291879781.md) - [zh-HK](https://longbridge.com/zh-HK/news/291879781.md) --- # LG Electronics' operating profit soared nearly 150% in the second quarter, reaching a record high LG Electronics estimated on Tuesday that its operating profit for the second quarter increased by 146.9% year-on-year, reaching 1.57 trillion won (approximately 1.02 billion USD), setting a new historical high. Revenue grew by 14.9% year-on-year, reaching 23.82 trillion won, also setting a new record. Net profit data has not yet been released. In the first half of this year, LG Electronics' revenue reached a record 47.56 trillion won, and operating profit also hit a historical high of 3.25 trillion won. The operating profit for the first half exceeded the company's total operating profit of 2.48 trillion won for the entire last year. The strong performance was attributed to robust sales of high-end home appliances and televisions. During the peak demand season, air conditioner sales also increased in overseas markets, while the continued growth of the company's automotive parts business helped offset the uncertainties brought about by geopolitical conflicts in the Middle East ### Related Stocks - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) ## Related News & Research - [LG Electronics Expects Quarterly Earnings to More Than Double](https://longbridge.com/en/news/291869189.md) - [LG Electronics Q2 FY26 operating profit more than doubles to KRW 1.58 trillion; revenue rises to KRW 23.83 trillion](https://longbridge.com/en/news/291878808.md) - [LG Electronics Expects Quarterly Earnings to Surge, Buoyed by Tariff Refund — Update](https://longbridge.com/en/news/291877045.md) - [LG Energy Solution forecasts 77% operating profit fall in Q2 on weak EV demand](https://longbridge.com/en/news/291854996.md) - [Samsung's AI Earnings Could Decide Chip Stocks' Next Move](https://longbridge.com/en/news/291829763.md)