LG Chem Full Year 2024 Earnings: EPS Misses Expectations

LG Chem (KRX:051910) Full Year 2024 Results

Key Financial Results

• Revenue: ₩49t (down 12% from FY 2023).
• Net loss: ₩1.53t (down by 214% from ₩1.35t profit in FY 2023).
• ₩19,600 loss per share (down from ₩17,218 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LG Chem EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Chemicals industry in South Korea.

Performance of the South Korean Chemicals industry.

The company's shares are up 8.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of LG Chem's balance sheet and an in-depth analysis of the company's financial position.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.