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LG Energy Solution swings to profit as US battery demand lifts results

South Korea’s LG Energy Solution (LGES) posted a significantly stronger operating profit in the second quarter of 2025, ending a streak of six consecutive quarters of losses and highlighting improved company fundamentals. Operating income rose 152% year-over-year to KRW492.2 billion (approx. US$355 million), despite a 9.7% decrease in revenue to KRW5.56 trillion. Data from financial platform FnGuide showed that LGES’s sales were 2.9% below analysts’ consensus estimates, while its operating profit surpassed forecasts by 56.3%.