LG Energy Solution expects a 77% drop in Q2 operating profit due to weak EV demand
17 hour ago / Read about 0 minute
Author:小编   

South Korean battery maker LG Energy Solution (LGES) said on Tuesday that it expects its operating profit from April to June to fall 77% to 113 billion won ($73.91 million) as weak demand for electric vehicles continues to impact battery sales. In contrast, LSEG SmartEstimate, which is based on the views of analysts with higher and more stable forecast accuracy, predicts a profit of 249 billion won.