LG Posts Strong Q3 Results on Robust Appliance and Vehicle Demand
NAIROBI, Kenya, November 5, 2025 — LG Electronics (LG), has reported a solid third quarter for 2025, buoyed by resilient demand in its home appliance and vehicle component businesses, delivering its second-highest third-quarter revenue on record despite a sluggish global consumer environment.
The Group, which is among the leading electronics companies in Kenya and East Africa, said its consolidated revenue rose to $15.8 billion, while operating profit reached $497 million for the three months to September. The results reflect LG’s continued shift toward higher-margin B2B operations and non-hardware services such as subscriptions and its webOS software platform.
Revenue from business-to-business operations rose 2 per cent year on year to $4.3 billion, while income from appliance subscription services climbed 31 per cent to $505 million.
Commenting on the results, LG Electronics East Africa President, Donghun Lee, said:
“Our strong third-quarter performance reflects the success of LG’s strategy to balance global innovation with local relevance. Despite a challenging environment, we achieved one of the highest third-quarter revenues in our history. In East Africa, we are seeing sustained growth in premium home solutions and energy-efficient technologies, a clear sign that consumers value innovation that makes everyday life better. We will continue to expand our digital and B2B offerings to sustain this momentum.”
Home Appliance Solution (HS) Company
The Home Appliance unit generated $4.8 billion in revenue and $264 million in operating profit, driven by a dual strategy focused on both premium and mass-market segments. Expanded online and subscription offerings helped cushion the impact of U.S. tariffs, while production efficiency gains contributed to higher profitability compared with a year earlier.
LG said it expects the global appliance market to remain subdued through year-end due to weak consumer demand and fierce price competition. The company plans to deepen its focus on subscription and e-commerce channels while continuing efforts to streamline costs and improve its operating structure.
Media Entertainment Solution (MS) Company
The Media Entertainment division, which includes LG’s TV business, reported revenue of $3.4 billion and an operating loss of $219 million. The segment’s performance was weighed down by heavier marketing expenditure amid intensifying competition and one-off costs related to voluntary retirements.
LG said it remains committed to enhancing profitability through operational efficiency and diversification of its webOS platform, while targeting expansion in emerging markets where demand has proven more resilient.
Vehicle Solution (VS) Company
LG’s automotive components arm continued its strong trajectory, posting record third-quarter revenue of $1.9 billion and an operating profit of $108 million; its highest since the division’s establishment. The operating margin exceeded 5 per cent for the first time.
The company warned that shifting U.S. electric vehicle subsidy policies could pose short-term headwinds, but said it would sustain profitability through continued product mix optimisation and cost-control measures.
Eco Solution (ES) Company
The energy and HVAC-focused Eco Solution unit reported revenues of $1.6 billion and operating profits worth $96 million. Sales edged up year on year on the back of solid domestic demand and growth in subscription and online channels, though profit dipped slightly due to higher investment spending.
The division aims to accelerate growth through new regional product launches and by expanding its footprint in commercial HVAC and industrial cooling. LG said it recently secured AI data centre cooling contracts across North America, Latin America, the Middle East and Asia, projects it plans to leverage to drive further market expansion. The company is also preparing next-generation liquid cooling systems and exploring immersion cooling partnerships.
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