[Concall] LG Electronics "Expecting Improved Profitability in Home Appliance Business Next Year"
![[Concall] LG Electronics "Expecting Improved Profitability in Home Appliance Business Next Year"](http://www.asiae.co.kr/news/img_view.htm?img=2020041607483578758_1586990915.jpg)
[Asia Economy Reporter Kim Pyeonghwa] LG Electronics stated during the conference call held after the Q3 earnings announcement on the 28th, "In 2023, cost improvements are expected as the effects of logistics cost contract renewals take full effect and raw material price reductions expand." They added, "With improvements in the pricing of premium products and a foundation for sales growth, further profitability improvements in the home appliance business are anticipated."
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