[Concall] LG Electronics "H&A, Overseas and Domestic Sales Ratio to Recover to 4:6 in June"
[Asia Economy Reporter Ki-min Lee] LG Electronics stated in a conference call held after the Q1 earnings announcement on the 29th, "H&A accounts for 35% domestic and 65% overseas, but in April it seems to be shifting to a 5:5 ratio. When overseas lockdowns are lifted in June, it is expected to recover to around 4:6 again."
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They continued, "Air conditioner products, which are in peak season, are experiencing a larger decline compared to last year, but refrigerators, washing machines, and dryers are showing growth. Considering only the Korean market, sales are expected to recover to past levels after June."
This content was produced with the assistance of AI translation services.
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