LG records highest Q2 revenue in company’s history: All the details

South Korea-based tech giant LG has announced its second-quarter 2023 earning results. The company reported consolidated revenue of $15.6 billion with an operating profit of $579 million. LG recorded the highest second-quarter revenues in the company’s history. The company claimed that the record-breaking second-quarter results were due to its strategy to drive continuous growth while strengthening its business competitiveness. The revenue also reflects the company’s actions to improve its business structure by pursuing new platform-based service businesses and expanding the business-to-business (B2B) segments. However, the operating profit was 6.3% lower than the second quarter of 2022.