LG Energy Solution Ltd
373220: XKRX (KOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|JCx@f | LOCK|b& | LOCK|QjxjPjN |
LG Energy Solution Earnings: Profitability Remains Under Pressure Amid Uncertain EV Demand Outlook
March-quarter revenue growth and profit for no-moat LG Energy Solution, or LGES, was sluggish due to weak electric vehicle battery demand and a decline in EV battery profitability. The market is reacting negatively to the uncertain outlook.
