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LG Electronics' net profit attributable to parent company for the first three quarters of FY2026 reached KRW 2.15 tri...
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On October 28, LG Electronics released its preliminary earnings for the first three quarters and the third quarter of fiscal year 2026. Data show that the company's total operating revenue for the first three quarters was KRW 71.38 trillion, approximately RMB 359.958 billion, up 9.2% year on year; net profit attributable to shareholders of the parent company was KRW 2.15 trillion, approximately RMB 10.827 billion, up 20% year on year. Overall performance maintained growth.
The preliminary earnings report covers January to September 2026. LG Electronics also disclosed data for the third fiscal quarter, namely July to September 2026. The market is watching whether its revenue growth and profit performance match. This disclosure did not change the company's fiscal-year reporting basis.
In the first three quarters, LG Electronics' total operating revenue increased 9.2% year on year, and net profit attributable to shareholders of the parent company increased 20% year on year. Net profit growth was higher than revenue growth. Converted at current exchange rates, revenue was approximately RMB 359.958 billion, and net profit was approximately RMB 10.827 billion.
In the third fiscal quarter, the company's total operating revenue was KRW 23.82 trillion, approximately RMB 120.145 billion, up 8.9% year on year and down 0.01% quarter on quarter. In the same period, net profit attributable to shareholders of the parent company was KRW 663.2 billion, approximately RMB 3.345 billion, up 72.2% year on year and down 0.7% quarter on quarter. The year-on-year increase in single-quarter net profit was significantly higher than the cumulative level for the first three quarters.
Related AI interpretation believes that LG Electronics' cumulative consolidated revenue and net profit attributable to shareholders of the parent company for the first three quarters of fiscal 2026 were generally steady. However, single-quarter operating profit was significantly lower than the market consensus. The report also notes that AI-automated analysis content is for reference only and does not constitute investment advice.
Based on the disclosed data, the company achieved year-on-year growth in both revenue and net profit in the first three quarters, and net profit in the third fiscal quarter had a relatively high year-on-year increase. Subsequent performance should still be subject to the company's official disclosures and information on regulator-designated platforms. Investors should pay attention to the difference between single-quarter profit metrics and market expectations.
