Fintech PR
LG RELEASES PRELIMINARY EARNINGS FOR FIRST-QUARTER 2025

The Company Achieves Record-High First-Quarter Revenue
Surpassing KRW 22 Trillion
SEOUL, South Korea, April 7, 2025 /PRNewswire/ — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first-quarter of 2025, reporting a consolidated revenue of KRW 22.7 trillion and operating profit of KRW 1.3 trillion.
This marks the first time LG’s first-quarter revenue has exceeded KRW 22 trillion. Despite ongoing macroeconomic challenges, including a global economic slowdown, the company’s focus on “qualitative growth” businesses played a key role.
Especially in B2B sectors, the Eco Solution (ES) business has been the primary driver of growth in both revenue and profitability. Other areas—such as subscription services, webOS-based advertising and content, and direct-to-consumer (D2C) sales—also contributed to the company’s record-breaking results.
Operating profit exceeded KRW 1 trillion for the sixth consecutive year, continuing to reflect a stable profit structure. Increased revenue from high-margin areas created a strong operating leverage effect, helping to sustain a stable profit structure. Additional drivers of profitability included efficient resource allocation, normalization of raw material and logistics costs, and enhanced agility in global production operations.
In the home appliance solution business, LG’s premium products maintained strong leadership in the global market. The built-in appliance business – a B2B segment – alongside key component sales such as motors and compressors, also contributed meaningfully to the performance.
The company’s subscription business, which combines hardware and services, is rapidly expanding. In 2025, LG plans to further strengthen its subscription-ready product lineup and customer care services, while also accelerating the global rollout of its subscription model.
In the media and entertainment solution business, from this year, LG is integrating its display-based businesses – including TVs, IT (laptops, monitors) and ID (commercial displays) – to generate synergy in its webOS-based advertising and content platform, traditionally centered around smart TVs.
LG’s 2025 TV lineup introduced enhanced AI features such as personalized content recommendations, superior picture quality and immersive sound. New products like the ultra-light LG gram Pro AI laptop and the portable LG StanbyME 2 lifestyle screen received positive responses from global markets. The commercial display segment also secured several large-scale international contracts.
The vehicle solution business, continues to expand sales of high value-added products, especially in in-vehicle infotainment (IVI) systems, while diversifying into automotive content platforms. LG Magna e-Powertrain is strengthening its competitiveness through advanced motor and inverter technologies and is enhancing operational capabilities at global production sites to support long-term growth. Meanwhile, the automotive lighting business is accelerating development of next-generation technologies, such as high-resolution and intelligent lighting systems, while improving overall efficiency.
The heating, ventilation and air conditioning (HVAC) business began operating as an independent Company in the first quarter. By focusing business capabilities on the essence of the order-based HVAC business and the characteristics of customers, the company is increasing its contribution to profitability.
In the commercial HVAC space, LG secured major overseas contracts in markets such as Singapore, thanks to its ability to provide localized, tailored solutions. Going forward, LG aims to make HVAC a core pillar of its B2B portfolio by leveraging its proprietary technologies in compressors, fans, heat exchangers and AI engines.
In the residential market, LG plans to maintain its leadership with AI-powered innovations. Additionally, in industrial and power-generation sectors, the company is actively pursuing new opportunities with large-scale chiller systems.
These figures are tentative consolidated earnings based on K-IFRS provided as a service to investors prior to LG Electronics’ final earnings results, including net profit. Details regarding each division will be announced officially later this month.
About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.
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View original content:https://www.prnewswire.co.uk/news-releases/lg-releases-preliminary-earnings-for-first-quarter-2025-302421648.html
Fintech PR
Super Seven: BingX Unveils $2.2M Anniversary Campaign With Games and Giveaways

PANAMA CITY, April 24, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to launch its Super Seven anniversary celebration with a special campaign featuring a total prize pool of $2.2 million. To commemorate this milestone, BingX is unveiling five interactive activities designed to engage both new and existing users through games, trading competitions, and social challenges. Running from April 24 at 00:00 (UTC+8) to May 26 at 18:00 (UTC+8), this month-long celebration promises a full month of fun, rewards, and community spirit.
The festivities begin with a daily BTC Token Merge Game, giving users the chance to test their speed and luck for a share of the $1 million prize pool. Additional activities include solo and team trading competitions, together with a dynamic referral contest. Surprise-filled mystery boxes will be delivered on May 20. Each event offers unique ways to earn through trading performance, social engagement, or simply showing up and playing.
Whether you’re a seasoned trader or just getting started, the Super Seven anniversary carnival offers something for everyone. With flexible participation formats and inclusive entry criteria, even first-time users can win—especially by inviting three or more friends to join BingX.
“Our 7th anniversary is not just a celebration — it’s a heartfelt thank you to the incredible community that has grown with us,” said Vivien Lin, Chief Product Officer at BingX. “From day one, our users have been at the heart of everything we do. This year’s campaign is our way of giving back — with fun, rewards, and shared joy. Beyond the festivities, we are also working on a major evolution of our product offerings to empower our users with even more tools, assets, and opportunities. Stay tuned, this is just the beginning of what is to come.”
As BingX continues its journey into the future of digital finance, this anniversary campaign is a reminder of what sets the platform apart — user-first vision, innovative engagement, and a commitment to making trading more rewarding for everyone.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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View original content:https://www.prnewswire.co.uk/news-releases/super-seven-bingx-unveils-2-2m-anniversary-campaign-with-games-and-giveaways-302437078.html
Fintech PR
Holiston Media: Winners of Inaugural Global Crypto Awards are Revealed

LONDON, April 24, 2025 /PRNewswire/ — Holiston Media has announced the winners of its first ever Global Crypto Awards, with some of the industry’s big names topping the list!
Covering areas such as digital assets, exchanges and wallets, to crypto trading platforms, technology and payments, the Global Crypto Awards has sought to highlight the success and innovation across the sector with ten top businesses claiming an award.
Comments Archie Humphries, Director at Holiston Media, “We saw an opportunity in the market for a standalone truly independent crypto and digital assets awards. The Global Crypto Awards 2025 celebrate the best product and service providers who are pushing the boundaries of innovation and service in the crypto, digital asset and supporting technology and service spaces.”
“We have been overwhelmed by the reaction to these new awards. There were 69 nominated companies, who in turn received hundreds of votes from those in the industry and we’re very pleased to reveal our ten very worthy winners,” adds Archie.
Best Crypto Payment Services Provider – ForumPay
Best Crypto Provider Global – Binance
Best Crypto Regulation, Legal and Compliance Provider – Chainalysis
Best Crypto Trading Platform – PrimeXBT
Best Crypto Wallet – Coinbase
Best Digital Asset Custodian – Anchorage Digital Bank
Best Digital Asset Exchange – Kraken
Best Mobile Trading Platform/App for Crypto Trading – Revolut
Best Provider of Crypto FinTech – Revolut
Best Provider of Crypto Innovation – BCB Group
Launched in 2018, Holiston Media has built a trusted name for itself in the financial awards sector having seen more than 350,000 public votes cast across its portfolio of renowned awards: Global Forex Awards – Retail, Global Forex Awards – B2B, The Professional Trader Awards and the Online Money Awards.
Now it is offering those in the crypto and digital asset sectors an unmatched opportunity to boost their profile and credibility, whilst increasing their visibility in the industry.
To find out more about these awards visit https://www.globalcryptoawards.com/
View original content:https://www.prnewswire.co.uk/news-releases/holiston-media-winners-of-inaugural-global-crypto-awards-are-revealed-302425527.html
Fintech PR
LG ANNOUNCES FIRST-QUARTER 2025 FINANCIAL RESULTS

Company Achieves Record-Breaking First-Quarter Revenue
Driven by Balanced Growth in Home Appliance and B2B Sectors
SEOUL, South Korea, April 24, 2025 /PRNewswire/ — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 22.74 trillion and operating profit of KRW 1.26 trillion for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed KRW 1 trillion during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales.
Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered record-breaking quarterly revenue and operating profit. Combined operating profit from the Vehicle Solution Company and Eco Solution Company increased 37.2 percent year-over-year, with revenue climbing 12.3 percent.
The Home Appliance Solution Company, LG’s flagship business and primary profit generator, also recorded its highest-ever quarterly revenue while maintaining global market leadership. The business is rapidly transforming through innovative models such as subscription services and D2C sales. Meanwhile, the media and entertainment segment demonstrated solid performance, led by continued growth in LG’s webOS-based advertising and content platform.
The LG Home Appliance Solution Company reported first-quarter revenue of KRW 6.70 trillion and operating profit of KRW 644.6 billion. Compared to the same period last year, revenue increased by 9.3 percent, setting a new record, and operating profit grew by 9.9 percent. The Company continues to maintain its market leadership while accelerating the growth of its subscription and D2C sales.
Looking to the second quarter, the Company anticipates increased uncertainty due to shifting global trade policies and increasing market competition. To address these challenges, the Company will expand its portfolio of new and volume-zone products, while deepening its focus on subscription and online businesses. Additional priorities include focusing on opportunities in B2B such as built-in appliances and external sales of key components like motors and compressors. Profitability efforts will center on enhancing cost competitiveness through optimizing operational efficiency.
The LG Media Entertainment Solution Company posted first-quarter revenue of KRW 4.95 trillion and operating profit of KRW 4.9 billion. While TV demand remained soft, growth in webOS-based advertising and content services made a greater contribution to performance. Revenue remained in line with the previous year, though profitability was impacted by rising LCD panel prices and higher marketing spend.
In the second quarter, the Company will seek to create synergies across its display-focused businesses, including TVs, commercial displays, and IT products such as laptops and monitors. While the market recovers slowly, the Company will emphasize profitability, particularly through premium products. The expanding webOS-based platform will aim to increase geographic reach and product base while advancing strategic partnerships with content providers to maintain its growth trajectory.
The LG Vehicle Solution Company recorded its highest-ever quarterly revenue and operating profit, with revenue of KRW 2.84 trillion and operating profit of KRW 125.1 billion. Growth continues to be powered by a robust order backlog totaling KRW 100 trillion. Notably, profitability improved in the in-vehicle infotainment business, where premium product share is steadily increasing. In the second quarter, the Company aims to sustain revenue growth and solidify a stable profit structure by expanding high-value product sales, optimizing operations in the EV component business, and enhancing resource efficiency.
The LG Eco Solution Company also achieved record-high quarterly revenue and operating profit. First-quarter revenue reached KRW 3.05 trillion, with operating profit of KRW 406.7 billion, resulting in a strong operating margin of 13.3 percent. Year-over-year, revenue rose 18.0 percent and operating profit grew 21.2 percent. Since the beginning of 2025, LG has operated its HVAC business as an independent division, with noticeable performance gains driven by efficient resource allocation and a B2B-focused organizational structure.
Alongside the Vehicle Solution Company, the Eco Solution Company serves as a core engine of LG’s B2B growth. In the second quarter, the Company will seek to expand sales of new residential HVAC products and secure commercial air conditioning contracts in emerging markets. It also plans to target large-scale industrial and power-generation projects – including AI data centers – by leveraging its ultra-large chiller solutions.
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View original content:https://www.prnewswire.co.uk/news-releases/lg-announces-first-quarter-2025-financial-results-302437037.html
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