LG Energy Solution Q3 Revenue Rises 27.6% Quarter-on-Quarter to KRW 9.6 Trillion
Bitget2026/11/03 01:45- LG Energy Solution’s third-quarter 2026 revenue rose 27.6% quarter-on-quarter to KRW 9.6 trillion, driven by increased energy storage system shipments.
- Operating profit reached KRW 756 billion, with an operating margin of 7.8%.
- Revenue included KRW 416.9 billion in North American production incentives, reflecting increased regional energy storage shipments.
- The business secured its first direct-supply behind-the-meter battery energy storage project for a major technology customer.
- Existing European electric-vehicle battery contracts gained higher volumes and longer supply periods for high-voltage mid-nickel Gen2 products.
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