LG Chem Net Income 2024

LG Chem Net Income

1.91 T KRW

LG Chem Dividend yield

0.94 %

Ticker

051910.KS

ISIN

KR7051910008

WKN

659109

In 2024, LG Chem's profit amounted to 1.91 T KRW, a 43.02% increase from the 1.34 T KRW profit recorded in the previous year.

The LG Chem Net Income history

YEARNET INCOME (undefined KRW)
2026e5.84
2025e3.95
2024e1.91
20231.34
20221.85
20213.67
20200.51
20190.31
20181.47
20171.95
20161.28
20151.15
20140.87
20131.27
20121.49
20112.14
20102.16
20091.54
20080.91
20070.62
20060.28
20050.35
20040.47

LG Chem Aktienanalyse

What does LG Chem do?

LG Chem Ltd is a South Korean company that was founded in 1947 and is headquartered in Seoul. The company is part of the LG Group and is one of the world's leading chemical companies. In recent years, it has not only focused on the chemical industry but has also built successful companies in other industries and technologies. LG Chem's business model is based on a diverse product range, which is divided into various segments and offered to customers worldwide. The portfolio includes battery technologies, plastics, rubber, petrochemicals, specialty chemicals, semiconductor and display materials, as well as renewable energy. In recent years, LG Chem has specialized in battery technology and is one of the leading manufacturers of lithium-ion batteries for electric vehicles, as well as for other applications such as smartphones or household appliances. The company has also developed its own battery recycling program, which covers the entire value chain and ensures that batteries are environmentally friendly recycled after their lifecycle. Another important business field of LG Chem is petrochemistry. The company produces various petrochemical products such as ethylene, propylene, polyethylene, polypropylene, and polystyrene. These products are used in various industries, including automotive manufacturing, consumer goods, packaging, construction, and the medical industry. In the semiconductor and display materials division, LG Chem is a leading provider of OLED display materials for TV devices and mobile devices such as smartphones and tablets. The company also offers materials for semiconductors such as circuit boards, memory, sensors, and other electronic components. LG Chem also focuses on renewable energy and has an extensive range of products for the photovoltaic market. It produces solar cells, solar modules, and energy storage systems for residential and commercial applications. LG Chem's energy storage systems are typically combined with solar installations and help store the power generated by the sun for later use. In summary, LG Chem Ltd is a diverse and innovative company that focuses on various business areas. It strives to create a cleaner and more sustainable future with its products and technologies. With its strong market position and wide product range, the company is well-positioned to continue growing and establish itself in new industries and technologies. LG Chem ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding LG Chem's Profit Margins

The profit margins of LG Chem represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of LG Chem's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating LG Chem's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

LG Chem's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When LG Chem’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about LG Chem Stock

How much profit has LG Chem made this year?

LG Chem has made 1.91 T KRW this year.

How has the profit developed compared to last year?

The profit has increased by 43.02% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does LG Chem publish its earnings?

LG Chem publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of LG Chem?

The profits of LG Chem are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of LG Chem?

You can learn more about the earnings of LG Chem by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does LG Chem pay?

Over the past 12 months, LG Chem paid a dividend of 3,500 KRW . This corresponds to a dividend yield of about 0.94 %. For the coming 12 months, LG Chem is expected to pay a dividend of 3,594.7 KRW.

What is the dividend yield of LG Chem?

The current dividend yield of LG Chem is 0.94 %.

When does LG Chem pay dividends?

LG Chem pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of LG Chem?

LG Chem paid dividends every year for the past 23 years.

What is the dividend of LG Chem?

For the upcoming 12 months, dividends amounting to 3,594.7 KRW are expected. This corresponds to a dividend yield of 0.97 %.

In which sector is LG Chem located?

LG Chem is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von LG Chem kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of LG Chem from 4/1/2024 amounting to 3,500 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did LG Chem pay the last dividend?

The last dividend was paid out on 4/1/2024.

What was the dividend of LG Chem in the year 2023?

In the year 2023, LG Chem distributed 10,000 KRW as dividends.

In which currency does LG Chem pay out the dividend?

The dividends of LG Chem are distributed in KRW.

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Andere Kennzahlen von LG Chem

Our stock analysis for LG Chem Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of LG Chem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.