1.93 billion riyals in operating profits for “LEG” in the third quarter of 2025

LG Electronics (LG) today announced its financial results for the third quarter of 2025, which included achieving consolidated revenues of 21.87 trillion Korean won (equivalent to 61.24 billion riyals), and operating profits of 688.9 billion Korean won (equivalent to 1.93 billion riyals).

According to a company statement, it obtained "today" According to a copy, the Home Appliances and Vehicle Component Solutions business achieved strong performance despite external challenges such as US tariffs and a decline in the electric vehicle market.

Business Segment Revenue

In the third quarter of 2025, B2B revenue rose 2% year-on-year to KRW 5.9 trillion (SAR 16.52 billion).

Home appliance subscription services revenue rose 31%. On an annual basis, it reached 700 billion Korean won (equivalent to 1.96 billion riyals).

LG Home Appliance Solution

LG Home Appliance Solution’s revenues reached 6.58 trillion Korean won (equivalent to 18.42 billion riyals) with operating profits amounting to 365.9 billion Korean won (equivalent to 1.02 billion riyals).

This growth was driven by the company’s strategy. With two tracks targeting the luxury market and mass market segments, in addition to the continued expansion of the subscription business and online sales.

Improvements in production sites and operational efficiency contributed to offsetting the costs resulting from US tariffs, which led to enhanced profitability on an annual basis.

With regard to the last quarter of the year, the company expected that the global home appliances market would pose a major challenge due to weak demand and escalating competition.

To meet this challenge, the company plans to expand the subscription business. Online sales and increased focus on achieving qualitative growth. While it will seek to improve the cost structure and reduce the fixed cost to improve profitability on an annual basis.

LG Media Entertainment Solution

LG Media Entertainment Solution’s revenues in the third quarter amounted to 4.65 trillion Korean won (equivalent to 13.02 billion riyals), while it recorded an operating loss of 302.6 billion Korean won (equivalent to 847.3 million riyals).

Profitability was affected by the increase in marketing investments to address the escalation of competition and unnecessary expenses. Frequently asked questions related to the voluntary retirement program.

According to the statement, in the future, LG will focus on enhancing profitability and operational efficiency in the TV business, and expanding the webOS operating system business platform through advertising development and content diversification.

The company plans to expand its presence in the markets of the Global South, where demand is still relatively strong.

LG Vehicle Component Solutions

LG Vehicle Component Solutions’ revenues in the third quarter reached 2.65 trillion Korean won. (equivalent to 7.42 billion riyals), while its operating profits amounted to 149.6 billion Korean won (equivalent to 418.9 million riyals). This is the highest level of third-quarter revenues in the company’s history, and the highest level of quarterly operating profits to date. The operating profit margin also exceeded 5% for the first time.

While external factors such as the shift in policies supporting electric vehicles in the United States may present short-term challenges during the fourth quarter, the company aims to maintain stable profitability through continuous improvement of the product mix, cost structure, and efficiency improvement initiatives.

LG Eco Solution

LG Eco Solution revenue reached 2.17 trillion KRW (equivalent to 6.08 billion riyals), while It achieved operating profits of 132.9 billion Korean won (equivalent to 372.1 million riyals).

This slight increase on an annual basis was supported by strong local sales and continued growth in the subscription and online sales business. Operating profits also witnessed a slight decline due to the expansion of the company’s investments.

The company plans to enhance its growth momentum by expanding its district cooling products and exploring new opportunities in the field of commercial HVAC systems, industrial chillers and power generation system chillers.

The company recently obtained a series of important contracts to supply custom cooling solutions for artificial intelligence data centers throughout North America, Latin America, the Middle East and Asia.

The company is seeking to use contracts These businesses serve as strategic reference projects to strengthen their presence in the market, as they prepare to commercialize liquid cooling solutions for the next generation of data centers, and expand their partnerships aimed at developing immersion cooling technologies.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter