LG Energy Solution Ltd

373220: XKRX (KOR)
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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.

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