LG Energy Solution posts Q2 operating profit of KRW 113.3 billion

Reuters2026/07/31 01:17

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LG Energy Solution posted Q2 2026 revenue of KRW 7.6 trillion, operating profit of KRW 113.3 billion; included KRW 241 billion North America production incentive.
First-half revenue rose 10.5% to KRW 14.1 trillion; ESS revenue grew 4.6x year on year, reaching the high-20% share of total revenue.
ESS secured more than KRW 3 trillion of new orders; Ultium Cells Tennessee and L-H Battery started ESS cell production.
Strategy targets North America ESS scale-up, end-to-end system integration, locally produced 46-Series EV cells; Arizona plant start-up preparation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Corp. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LG Energy Solution posts Q2 operating profit of KRW 113.3 billion

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