[Breaking] LG Ensol Reports Operating Profit of 768.5 Billion KRW Last Year... Turned to Profit Compared to Previous Year
2021 Year Consolidated Financial Results Announcement
Exterior view of LG Energy Solution electric vehicle battery factory in Poland. (Photo by LG Energy Solution)
View original image[Asia Economy Reporter Moon Chaeseok] LG Energy Solution announced on the 8th that its consolidated operating profit last year turned to a surplus compared to the same period of the previous year, amounting to 768.46953 billion KRW.
During the same period, sales increased by 42% to 17.8519 trillion KRW. Net profit also turned to a surplus, reaching 929.9 billion KRW.
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An LG Energy Solution official stated, "Performance improved as EV (electric vehicle) battery sales increased."
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