Foreign media: LG Electronics' second quarter operating profit decreased by 12% year -on -year

Zhongxin Jingwei, July 7th. According to the Yonhap News Agency, LG Electronics released a performance report on the 7th that the company's operating profit in the second quarter decreased by 12%year -on -year to 791.7 billion won (about RMB 4.08 billion); sales year -on -year year -on -year Increased by 15%to 1.9472 trillion won.

The report shows that the operating profit and sales of LG electronics in the second quarter decreased by 59.3%and 7.1%respectively. Among them, sales in the second quarter meet the expectations of securities firms (1943.79 trillion won), but the operating profit is slightly less than expected (863 billion won).

The report analysis pointed out that factors such as inflation and high interest rate phenomena have caused market consumption emotions to be sluggish, and rising raw material prices and logistics costs have also become a disadvantaged factor affecting LG electronic operating performance.

The report pointed out that according to the various departments, affected by the weakening of the demand for pre -epidemic life and the weakening of global TV products, the operating profit and sales of the LG electronic television department have declined year -on -year. However, the sales of automobile parts (VS) departments exceeded 2 trillion won for the first time. For the first time since the fourth quarter of 2015, the operating profit has been negatively changed, which has played a key role in the year -on -year growth of performance.

The report finally mentioned that LG Electronics stated that although the problem of delays in the production of vehicle production was relieved, the implementation of the ideal score of the car parts department was mainly due to an effective supply chain management of the car parts department. result. (Zhongxin Jingwei APP)

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