LG Electronics Rus LLC has reported for 2025. According to the published report, the company's revenue decreased by 10.8% to 37 billion rubles, while net profit remained unchanged at 2.5 billion rubles. The main revenue was received from the sale of household appliances. Its decrease was due to a reduction in the resale of equipment purchased from the parent company.
LG Electronics Rus was established in 2004 and is wholly owned by Korea's LG Electronics Inc. In the entire history of work in Russia, the last three years have been the worst for the company. The drop in revenue in 2022-2023 turned out to be the strongest, to 37 billion rubles in 2023 from 120 billion rubles in 2021. In 2024, revenue slightly offset the decline, rising to 41.5 billion rubles, but in 2025 it returned to the values of 2023. In an effort to reduce costs, the company reduced its staff by almost 80 people in 2025, and advertising costs were reduced by 367 million rubles.
LG Electronics is a South Korean manufacturer of consumer electronics and home appliances (production of digital televisions, monitors, computers, plasma displays, mobile communications, etc.) LG Electronics includes divisions of LG Home Entertainment, LG Home Appliances and LG Air Conditioning and Energy Solutions. The headquarters is located in Seoul (South Korea).
