Sunday, October 11, 2026

LG Energy Solution posts KRW 9.64 trillion Q3 sales

LG Energy Solution's Oct. 8 preliminary filing put Q3 2026 consolidated sales at KRW 9.6434 trillion and operating profit at KRW 756.0 billion, up 59.0% and 25.7% from a year earlier. Those figures include KRW 416.9 billion of U.S. IRA 45X and other North American production credits; without them, operating profit was KRW 339.1 billion. The company said the print is an unaudited K-IFRS estimate, and a spokesperson pointed to North American energy-storage shipments and pouch cells for lower-priced European EVs.

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