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LG Electronics Q1 operating profit 1.67 trillion won, up 32.9 percent on year

LG Electronics posted preliminary first-quarter results showing revenue of 23.73 trillion won and operating profit of 1.67 trillion won, the company said on Monday. Revenue rose 4.4 percent from a year earlier and operating profit increased 32.9 percent. It said growth in core businesses such as home appliances and in B2B businesses including vehicle components helped set a record for first-quarter sales, while profits improved on cost measures and growth in higher-margin businesses.

AI & Enterprise

Yanolja posts first annual revenue above 1 trillion won, aggregate TTV hits record 39.2 trillion won

Yanolja said it posted annual revenue above 1 trillion won for the first time since its founding. The global travel tech company said 2025 consolidated revenue under K-IFRS rose 11.3 percent from a year earlier to 1.03 trillion won, citing strong growth in its enterprise solutions business and stable profits in its consumer platform business. Aggregate TTV surged 44.9 percent to a record 39.2 trillion won.

AI & Enterprise

More South Korean companies adopt \'frontier transformation\' by rebuilding with AI

Microsoft on Wednesday unveiled its \"frontier transformation\" strategy and a supporting framework at an AI Tour Seoul event, aiming to help South Korean companies redesign processes beyond simple productivity gains. It also introduced local examples using the framework, including KT, Hyundai Department Store Group, Yonsei University Health System, RLWRLD, Hyundai AutoEver, Hanwha Qcells and Enhance. The cases ranged from AI agents and shopping curation to clinical workflows, robotics and software development collaboration.