LG H&H reported that its consolidated operating profit last year was 459 billion won, a decrease of 5.7% compared to the previous year on the 4th.
Last year's revenue was 6.8119 trillion won, a 0.1% increase over the same period.
LG H&H's net profit for the last year was 203.9 billion won, a 24.7% increase compared to the previous year.
In the fourth quarter of last year, revenue was 1.6099 trillion won, an increase of 2.7% compared to the same period last year, while operating profit fell by 20.7% to 43.4 billion won. However, excluding one-time expenses related to domestic workforce restructuring (approximately 20 billion won), the actual operating profit improved compared to the same period last year.
The cosmetics (beauty) business recorded fourth-quarter revenue of 699.4 billion won, a 5.4% increase compared to the same period last year, and an operating profit of 11 billion won, a 50.3% increase.
Overseas operations in China, North America, and Japan showed favorable performance, while domestic sales continued to grow through online and health and beauty channels.
Annual sales of cosmetics were 2.8506 trillion won, and operating profit was 158.2 billion won, reflecting increases of 1.2% and 8.0%, respectively, compared to the previous year.
In the fourth quarter, the household products (HDB) business recorded revenue of 499.5 billion won, a 0.7% decrease compared to the same period last year, while operating profit increased by 22.1% to 22.2 billion won. Despite robust revenue growth of premium brands such as "Physiogel" and "Usimol," total sales slightly declined due to domestic economic stagnation. Operating profit grew compared to the previous year due to the efficiency of overseas operations and a diversification strategy in brands and channels.
Annual revenue was 2.137 trillion won and operating profit was 132.8 billion won, with revenue decreasing by 2.1% and operating profit increasing by 6.0% compared to the previous year.
In the fourth quarter, the beverage business recorded revenue of 411 billion won, a 2.6% increase compared to the same period last year, while operating profit fell by 65.1% to 10.2 billion won.
Revenue continued to grow primarily from zero-calorie and energy drinks such as "Coca-Cola Zero" and "Monster Energy," with single-digit growth. While operating profit decreased due to one-time expenses related to business efficiency measures such as workforce restructuring, it improved compared to the same period last year when excluding these expenses.
Annual revenue was 1.8244 trillion won and operating profit was 168.1 billion won, reflecting a 1.0% increase in revenue and a 21.9% decrease in operating profit compared to the previous year.