LG Corp
KRX:003550
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LG Corp
Gross Margin
LG Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | KR |
| Market Cap | 11.3T KRW |
| Gross Margin |
24%
|
| Country | US |
| Market Cap | 186.1B USD |
| Gross Margin |
30%
|
| Country | DE |
| Market Cap | 146.6B EUR |
| Gross Margin |
39%
|
| Country | US |
| Market Cap | 147.3B USD |
| Gross Margin |
38%
|
| Country | JP |
| Market Cap | 18.1T JPY |
| Gross Margin |
28%
|
| Country | ZA |
| Market Cap | 90.3B Zac |
| Gross Margin |
28%
|
| Country | US |
| Market Cap | 70.7B USD |
| Gross Margin |
42%
|
| Country | US |
| Market Cap | 53.2B EUR |
| Gross Margin |
70%
|
| Country | CN |
| Market Cap | 251.3B HKD |
| Gross Margin |
0%
|
| Country | IN |
| Market Cap | 2.4T INR |
| Gross Margin |
33%
|
| Country | HK |
| Market Cap | 157.6B HKD |
| Gross Margin |
51%
|
LG Corp
Glance View
In the bustling landscape of South Korea's economy, LG Corp. has carved out a distinguished niche as a multifaceted conglomerate. From its humble beginnings in 1947, when it was founded as Lucky Chemical Industrial Co., the company has grown to become a noteworthy name globally, now offering a wide array of products and services that touch upon various aspects of daily life. At its core, LG operates through a robust network of affiliates spanning diverse sectors, with electronics, chemicals, and telecommunications as its flagship domains. In particular, LG Electronics has propelled the company into international fame, producing consumer electronics and home appliances that dominate households worldwide. This division's success is underscored by relentless innovation in technology, ensuring that every smartphone, TV, and air conditioner it rolls out captures the cutting edge of consumer expectations. Beyond electronics, LG Corp. monetizes its diverse offerings in areas like chemicals, where it manufactures essential components used in everything from cosmetics to renewable energy solutions, and telecommunications, where it provides critical infrastructure and services in South Korea. This diversification not only fuels steady revenue generation but also creates a synergy that fortifies its market position even amid economic fluctuations. Moreover, by investing in emerging sectors such as renewable energy and biotechnology, LG demonstrates a keen eye for future growth potentials, effectively weaving sustainability into its core business strategies. As LG marches forward, its integrated approach across various sectors not only amplifies profitability but also ensures that its footprint in global markets remains both influential and resilient.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on LG Corp's most recent financial statements, the company has Gross Margin of 24%.
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