- 2Q Sales Totals KRW 6,029 Billion, Operating Profit KRW 395 Billion, Net Profit KRW 494 Billion
- 2Q Sales Increases 25.2% YoY
- Mobile Handset Sales Jumped 87% YoY to KRW 1,922 Billion
- 1H Sales Reach KRW 12.025 Trililon, Net Profit KRW 1,079 Billion
Seoul, Korea – July 19, 2004 – LG Electronics posted record sales in the second quarter of 2004 despite the sluggish domestic economy. On July 19, 2004, Mr. Young Soo Kwon, Chief Financial Officer of LG Electronics, announced the second quarter performance at the Korea Stock Exchange. Sales reached a record high of KRW 6,029 billion (export: KRW 4,648 billion, domestic sales KRW 1,381 billion), up by 25.2% on year and 0.5% on quarter. LGE’s stellar performance in the second quarter was propelled by strong sales of mobile handsets and premium home appliances. LG Electronics generated KRW 395 billion in operating profit, KRW 674 billion in recurring profit, and KRW 494 billion in net profit.
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