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LG Household & Health Care Reports Record High Quarterly Results
Sales 1.9tr won (+13.0% yoy), Operating Profit 322bn won (+13.5% yoy)
Quarterly operating profit exceeded 300bn won for the first time
April 25, 2019 – In 1Q 2019, LG Household & Health Care, Ltd. (CEO: Suk Cha) delivered record high quarterly results. The Company reported 1.9tr won in sales (+13.0% yoy), 322bn won in operating profit (+13.5% yoy), 307bn won in recurring profit (+14.8% yoy) and 101bn won in net profit (+23.5% yoy).
Sales has increased for fifty-four quarters since 3Q 2005, and operating profit has increased for fifty-six quarters since 1Q 2005, delivering growth for fifteen consecutive years.
Luxury led Beautiful division maintained rapid growth in both sales and operating profit. Despite the recession in the domestic market, Healthy division achieved positive sales and operating profit growth. Refreshing division sales and operating profit also maintained stable growth as both carbonated and non-carbonated drink sales grew.