Overview
- LG reported a fourth-quarter net loss of 725.9 billion won and an operating loss of 109 billion won as weak TV demand and one-off retirement charges pressured results.
- Quarterly revenue rose 4.8% to 23.85 trillion won, while full-year sales reached a record 89.2 trillion won with operating profit down 27.5% to about 2.47 trillion won and net profit at 1.22 trillion won.
- Home Appliance Solutions delivered record sales and roughly 1.28 trillion won in operating profit, Media Entertainment swung to a 750.9 billion won operating loss, and Vehicle Solutions earned 559 billion won in profit.
- LG said subscription revenue grew 29% to nearly 2.5 trillion won and B2B sales rose about 3% to 24.1 trillion won, highlighting a shift toward recurring and business-facing income.
- The company plans to expand AI-enabled appliances, home robotics and OLED TVs and to accelerate software- and AI-defined vehicle efforts, and it approved a 100 billion won share buyback alongside a dividend increase of more than 35%.