Advanced Manufacturing Production Credit (AMPC)
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LG Energy Solution reports lower operating loss in Q4
Yahoo Finance· 2026-01-13 10:10
LG Energy Solution (LGES) announced that it continued to suffer significant losses in the fourth quarter of 2025, amid weak demand for electric vehicles. The South Korean battery manufacturer said it estimates that it incurred an operating loss of KRW 122 billion (US$ 83 million) during the quarter, albeit less than half the KRW 225 billion loss reported in the fourth quarter of 2024. Fourth-quarter sales revenue declined by 4.8% to KRW 6.14 trillion, while estimates for net earnings have yet to be relea ...