CONNECT WITH US

LGES posts stronger-than-expected 3Q25 operating profit as energy storage growth offsets EV demand drop

Jessica Tsai, Taipei; Kevin Wang, DIGITIMES Asia 0

Credit: AFP

LG Energy Solution (LGES) reported preliminary financial results for the third quarter of 2025, posting an operating profit of KRW 601.3 billion (approx. US$423 million), up 34.1% year-over-year and surpassing market expectations. Despite reduced customer...

The article requires paid subscription. Subscribe Now