LG Energy Solution Q3 operating profit down 38.7 pct to 448.3 bln won

LG Energy Solution Ltd. on Tuesday estimated its third-quarter operating profit at 448.3 billion won (US$332.3 million), down 38.7 percent from a year earlier. Revenue decreased 16.4 percent to 6.87 trillion won. The data for net earnings was not available. The operating profit was 30.2 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The company will release its final earnings report later. Source: Yonhap News Agency