LG Energy Solution Ltd

373220: XKRX (KOR)
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LG Energy Solution Earnings: Results Missed on EV Demand Slowdown; Full-Speed in ESS Production

September-quarter revenue for LG Energy Solution slipped 17% year on year due to weak battery demand for electric vehicles. Operating income, despite turning around excluding the US tax credit, remained under pressure with the decline in EV battery profitability.

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