LG 3Q`23 Earnings Release
Declined YoY due to the geopolitical risk in Europe and intensified competition
in the premium segment, but the level of decrease was reduced compared to the
previous quarter as we increased sales volume in responding to the peak season.
Despite the cost pressure from rising LCD panel prices,
operating profit improved by a large margin through profitability-based operations
including enhanced efficiency in marketing spending by managing channel
inventory at appropriate levels.