LG Energy Solution reports lower operating loss in Q4

Group 1 - LG Energy Solution (LGES) reported an operating loss of KRW 122 billion (US$ 83 million) in Q4 2025, which is less than half of the KRW 225 billion loss from Q4 2024 [1][3] - Sales revenue for Q4 2025 declined by 4.8% to KRW 6.14 trillion, with net earnings estimates yet to be released [2] - The company's financial performance was bolstered by a KRW 332.8 billion tax credit from the Advanced Manufacturing Production Credit (AMPC) under the US Inflation Reduction Act [2] Group 2 - Without the AMPC tax credit, LGES estimates an operating loss of KRW 454.8 billion for Q4 2025 [3] - The company anticipates a full-year 2025 operating profit of KRW 1.34 trillion, representing a 134% increase from the previous year, driven by strong demand earlier in the year before the US government reduced tax credits for BEV buyers in September [3] - Global battery manufacturers, including LGES, are expanding in the energy storage system market to compensate for the slowing demand for battery electric vehicles (BEVs) in the US [4]