LG Household & Health Care (051900.KS) Q1 2026: Operating Profit Slides 24% as China Exit Erodes Revenue Base
Revenue fell 7.1% year-on-year to ₩1,576.6 billion in the first quarter of 2026, with the operating margin compressing 154 basis points to 6.84% — a direct consequence of volume deleverage as LG H&H accelerates its withdrawal from the Chinese cosmetics market, including the liquidation of its Beijing joint venture.
Source: Q1 2026 Quarterly Report — Filed May 15, 2026 with DART | Consolidated Financial Statements | Unit: ₩ billions
