[Edaily Reporter Kong Chi-Yu ] LG Energy Solution announced on the 7th that its consolidated operating profit for the second quarter of this year was preliminarily estimated at 113.3 billion won. This represents a 77% decrease compared to the same period last year. The company returned to profitability after posting losses for two consecutive quarters, including the previous quarter (an operating loss of 207.8 billion won). Revenue totaled 7.5602 trillion won, a 24.8% increase from the same period last year.
LG Energy Solution’s battery container product for energy storage systems (ESS) used in power grids. (Photo: LG Energy Solution)
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