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<\/span><\/figcaption><\/figure>Seoul: LG Electronics<\/a> on Friday said its second -quarter operating profit decreased 12 per cent (on-year) amid rampant inflation that hurt consumer demand for TVs and other home appliances.

Its operating income came in at 792 billion won $609 million for the April-June quarter, falling short of analysts' expectations surveyed by
Yonhap Infomax<\/a>, the financial data firm of Yonhap News Agency<\/a>.

Revenue increased 15 per cent from the year-ago quarter to 19.5 trillion won.

LG<\/a> said its TV business shrank for the three months ending in June, as marketing costs rose and people spent less time at home.

While overall consumer demand declined, the company said premium home appliances were still in high demand, especially in North America, and continued to deliver double-digit growth.

The company had earlier estimated decrease in its second-quarter operating profit on weaker demand for TV and home appliances amid rising inflation and raw material costs.

Analysts suggested less upbeat earnings for LG for the remaining year, as pandemic-driven pent-up demand for TV has lost steam and rate increases in major economies to control inflation weakened consumer-spending power.

Also, high shipping costs amid supply chain disruptions are hurting the company's bottom line.

LG's electric vehicle (EV) components business has greatly improved performance on growing demand from customers, which include Mercedes-Benz AG and General Motors, and increased profitability.

LG secured $6.1 billion worth of new orders for electric vehicle (EV) parts and solutions in the first half.
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LG电子(LG Electronics)岗位需求疲软利润下降12%

营业收入是在7920亿年4 - 6月季度赢得6.09亿美元,低于分析师预期接受韩联社Infomax调查,据韩联社的金融数据公司。乐动扑克

  • 更新于2022年7月29日07:56点坚持
首尔:LG电子(LG Electronics)周五表示,其第二季度营业利润下降了12%(同比)由于猖獗的通货膨胀,影响消费者对电视机的需求和其他家用电器。

营业收入是在7920亿年4 - 6月季度赢得6.09亿美元,低于分析师预期的调查韩联社Infomax的金融数据公司韩联社乐动扑克

收入增长了15%,去年同期为19.5万亿韩元。

LG表示,其电视业务萎缩截至6月的三个月,营销成本上升,人们花更少的时间在家里。

而整体消费需求下降,该公司表示高档家用电器还在高需求,特别是在北美,继续实现两位数的增长。

广告
公司早些时候曾估计,第二季度营业利润减少对电视和家电需求疲软,通胀上升和原材料成本。

分析家认为不乐观的收益为LG剩下的一年,作为电视失去了蒸汽pandemic-driven被压抑的需求,主要经济体的加息控制通胀削弱了消费支出。

同时,高运输成本在供应链中断伤害公司的底线。

LG的电动汽车(EV)组件业务客户日益增长的需求,极大地提高性能,包括梅赛德斯-奔驰AG)和通用汽车(General Motors)、和提高盈利能力。

LG获得价值61亿美元的新订单电动汽车(EV)上半年部分和解决方案。
  • 发布于2022年7月29日下午07:48坚持
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<\/span><\/figcaption><\/figure>Seoul: LG Electronics<\/a> on Friday said its second -quarter operating profit decreased 12 per cent (on-year) amid rampant inflation that hurt consumer demand for TVs and other home appliances.

Its operating income came in at 792 billion won $609 million for the April-June quarter, falling short of analysts' expectations surveyed by
Yonhap Infomax<\/a>, the financial data firm of Yonhap News Agency<\/a>.

Revenue increased 15 per cent from the year-ago quarter to 19.5 trillion won.

LG<\/a> said its TV business shrank for the three months ending in June, as marketing costs rose and people spent less time at home.

While overall consumer demand declined, the company said premium home appliances were still in high demand, especially in North America, and continued to deliver double-digit growth.

The company had earlier estimated decrease in its second-quarter operating profit on weaker demand for TV and home appliances amid rising inflation and raw material costs.

Analysts suggested less upbeat earnings for LG for the remaining year, as pandemic-driven pent-up demand for TV has lost steam and rate increases in major economies to control inflation weakened consumer-spending power.

Also, high shipping costs amid supply chain disruptions are hurting the company's bottom line.

LG's electric vehicle (EV) components business has greatly improved performance on growing demand from customers, which include Mercedes-Benz AG and General Motors, and increased profitability.

LG secured $6.1 billion worth of new orders for electric vehicle (EV) parts and solutions in the first half.
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