LG Energy Solution posts record Q3 sales on rising ESS shipments

Korea Times News ·
Business Corporate South Korea

LG Energy Solution reported record quarterly sales and a 25.7 percent rise in operating profit for the third quarter, driven by growing North American energy storage system (ESS) shipments and stronger electric vehicle (EV) battery sales, the company said on Tuesday. Sales rose 59 percent from a year earlier to 9.64 trillion won ($7.2 billion), while operating profit reached 756 billion won.…

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