LG Energy Solution Q1 operating profit up 138.2% to $255 mil.
LG Energy Solution Plant in Ochang, North Chungcheong Province / Courtesy of LG Solution
By Yonhap
LG Energy Solution on Monday estimated its first-quarter operating profit at 374.7 billion won ($255 million), up 138.2 percent from a year earlier.
Revenue increased 2.2 percent to 6.26 trillion won. The data for net profit was not available.
The operating profit was 318.9 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
The company will release its final earnings report later. (Yonhap)