LG Q1 Operating Profit Down 35%, Treasury Share Cancellation Plan Maintained
Q1 2026 consolidated revenue: 1.8 trillion won (YoY -7.0%), operating profit: 413.8 billion won (YoY -35.1%), net income attributable to controlling: 339.8 billion won.
Key subsidiaries: LG CNS revenue 1.3 trillion (+8.6%), LG Chem operating loss 49.7 billion (vs profit 437.7 billion in Q1 2025), LG Energy Solution operating loss 207.8 billion, LG U+ operating profit 272.3 billion (+6.6%).
Shareholder return: Policy to return at least 60% of standalone net income (excl. one-off). All remaining treasury shares to be cancelled in H1 2026. LG U+ also decided to cancel 80 billion won worth of treasury shares (board resolution on Apr 30, 2026).
Litigation risk: Multiple lawsuits pending, including Asan Hospital damage claim (37.9 billion won).