LG Energy Solution Ltd

373220: XKRX (KOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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LG Energy Solution Earnings: Revenue and Profit Miss; Cautious Outlook for Growth and Competition

Vincent Sun

Oct 28, 2024

September-quarter revenue and operating profit for LG Energy Solution were both weaker than we expected. The declines in revenue and profit were attributable to weak battery demand from electric vehicles and lower EV battery profitability due to a prolonged price drop.

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LG Energy Solution Ltd

LG Energy Solution Earnings: Revenue and Profit Miss; Cautious Outlook for Growth and Competition

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