LG Energy Solution Ltd
373220: XKRX (KOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@B#nG | LOCK|#%G | LOCK|v>vLf^ |
LG Energy Solution Earnings: Profitability Missed on Weak EV Demand; Full Speed in ESS Production
December-quarter revenue for LG Energy Solution slipped 5% year on year due to weak battery demand from electric vehicles. Operating income turned negative, and EV battery profitability continued to face pressure from declining EV demand in the US and low utilization.
