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HomeBusinessLG Energy Solution forecasts 77% operating profit fall in Q2 on weak...

LG Energy Solution forecasts 77% operating profit fall in Q2 on weak EV demand

SEOUL, July 7: South Korean battery maker LG Energy Solution said on Tuesday it expects April-June operating profit to fall 77 per cent to 113 billion won ($73. 91 million), as sluggish electric vehicle (EV) demand continued to weigh on battery sales. That compared with an LSEG SmartEstimate forecast of a 249

Read full story on Channel Newsasia

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