LG Corp. (KRX: 003550)

LG Corp. Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	6,656,002	6,546,133	5,883,076	4,911,741	3,995,374	6,066,587
Other Revenue	688,701	899,203	1,302,911	1,947,269	1,203,696	467,864
Revenue	7,344,703	7,445,336	7,185,987	6,859,010	5,199,070	6,534,451
Revenue Growth (YoY)	1.86%	3.61%	4.77%	31.93%	-20.44%	-15.61%
Cost of Revenue	5,540,650	5,438,970	4,853,189	4,065,447	3,302,831	5,205,548
Gross Profit	1,804,053	2,006,366	2,332,798	2,793,563	1,896,239	1,328,903
Selling, General & Admin	353,088	335,199	311,121	266,200	256,744	262,296
Research & Development	51,581	48,304	47,841	34,661	32,883	36,661
Other Operating Expenses	6,842	7,555	8,659	7,078	7,049	12,438
Operating Expenses	445,145	417,804	389,140	334,226	311,506	334,874
Operating Income	1,358,908	1,588,562	1,943,658	2,459,337	1,584,733	994,029
Interest Expense	-32,579	-39,701	-20,422	-23,099	-29,690	-37,718
Interest & Investment Income	113,269	122,311	70,917	29,069	28,250	28,323
Earnings From Equity Investments	-3,688	-3,688	6,985	-190,895	70,431	10,110
Currency Exchange Gain (Loss)	10,808	7,809	-4,317	1,722	-890	4,405
Other Non Operating Income (Expenses)	-34,734	-33,096	45,197	13,107	6,687	-7,051
EBT Excluding Unusual Items	1,411,984	1,642,197	2,042,018	2,289,241	1,659,521	992,098
Gain (Loss) on Sale of Investments	-5,053	-5,075	-1,116	495	377	-81
Gain (Loss) on Sale of Assets	-7,680	-6,134	16,035	105,918	-2,687	-5,656
Asset Writedown	-17,031	-12,950	-11,319	-8,152	-14,111	-5,756
Pretax Income	1,382,550	1,618,368	2,045,618	2,390,985	1,643,100	980,605
Income Tax Expense	193,299	204,110	527,083	209,251	304,350	195,602
Earnings From Continuing Operations	1,189,251	1,414,258	1,518,535	2,181,734	1,338,750	785,003
Earnings From Discontinued Operations	-	-	597,215	502,240	201,908	321,752
Net Income to Company	1,189,251	1,414,258	2,115,750	2,683,974	1,540,658	1,106,755
Minority Interest in Earnings	-182,099	-153,039	-136,181	-118,521	-74,985	-26,806
Net Income	1,007,152	1,261,219	1,979,569	2,565,453	1,465,673	1,079,949
Preferred Dividends & Other Adjustments	36,039	24,337	-	-	-	-
Net Income to Common	971,113	1,236,882	1,979,569	2,565,453	1,465,673	1,079,949
Net Income Growth	-4.23%	-36.29%	-22.84%	75.04%	35.72%	-42.06%
Shares Outstanding (Basic)	156	157	159	165	160	160
Shares Outstanding (Diluted)	156	157	159	165	160	160
Shares Change (YoY)	-1.54%	-1.47%	-3.69%	3.26%	-	-
EPS (Basic)	6230.86	7878.12	12422.67	15504.94	9147.25	6739.95
EPS (Diluted)	6230.86	7878.12	12422.67	15504.94	9147.25	6739.95
EPS Growth	-6.21%	-36.58%	-19.88%	69.50%	35.72%	-42.06%
Free Cash Flow	782,322	728,016	474,000	805,179	663,657	473,368
Free Cash Flow Per Share	5019.54	4636.98	2974.56	4866.30	4141.88	2954.29
Dividend Per Share	3100.000	3100.000	3000.000	2800.000	2742.467	2413.371
Dividend Growth	3.33%	3.33%	7.14%	2.10%	13.64%	10.00%
Gross Margin	24.56%	26.95%	32.46%	40.73%	36.47%	20.34%
Operating Margin	18.50%	21.34%	27.05%	35.86%	30.48%	15.21%
Profit Margin	13.22%	16.61%	27.55%	37.40%	28.19%	16.53%
Free Cash Flow Margin	10.65%	9.78%	6.60%	11.74%	12.76%	7.24%
EBITDA	1,545,375	1,776,428	2,122,189	2,634,765	1,758,560	1,170,125
EBITDA Margin	21.04%	23.86%	29.53%	38.41%	33.82%	17.91%
D&A For EBITDA	186,467	187,866	178,531	175,428	173,827	176,096
EBIT	1,358,908	1,588,562	1,943,658	2,459,337	1,584,733	994,029
EBIT Margin	18.50%	21.34%	27.05%	35.86%	30.48%	15.21%
Effective Tax Rate	13.98%	12.61%	25.77%	8.75%	18.52%	19.95%
Advertising Expenses	-	8,304	7,110	5,575	4,799	6,563

Source: S&P Capital IQ. Standard template. Financial Sources.