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LG Household & Health Care Reports Record High 2Q Results
Sales 1.8tr won (+10.9% yoy), Operating Profit 301bn won (+12.8% yoy)
1H Sales and profit achieved record high half yearly results of all times
July 25, 2019 – In 2Q 2019, LG Household & Health Care, Ltd. (CEO: Suk Cha) delivered record high 2Q results. The Company reported 1.8tr won in sales (+10.9% yoy), 301bn won in operating profit (+12.8% yoy), and 212bn won in net profit (+12.9% yoy).
Despite the persistent difficulties in all markets, Beautiful division, led by luxury, achieved steady growth in both sales and operating profit. Structural improvements enabled the Healthy division to achieve positive growth in sales and operating profit. Thanks to major brands and favorable weather Refreshing also maintained stable growth as both carbonated and non-carbonated drink sales grew.
Sales has increased for fifty-five quarters since 3Q 2005, and operating profit has increased for fifty-seven quarters since 1Q 2005.
1H 2019 Sales increased 11.9% yoy to 3.7tn won, operating profit increased 13.2% yoy to 624bn won, net income increased 13.9% yoy to 437 bn won. 1H sales and profit achieved record high half yearly results of all times.