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LG Energy Solution swings to loss in Q1

The company said in a regulatory filing that it posted an operating loss of 207.8 billion won for the January-March period, compared with a profit of 374.7 billion won a year ago. Revenue fell 2....

LG Energy Solution swings to loss in Q1

LG Energy Solution-Q1 earnings

LG Energy Solution swings to loss in Q1

SEOUL, April 30 (Yonhap) -- LG Energy Solution on Thursday reported a first-quarter net loss of 944 billion won (US$635.8 million), turning from a profit of 226.6 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 207.8 billion won for the January-March period, compared with a profit of 374.7 billion won a year ago. Revenue fell 2.5 percent to 6.55 trillion won.

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