LG Energy Solution turns to loss in Q2

LG Energy Solution Ltd. on Thursday reported its second-quarter net loss of 23.7 billion won (US$17.1 million), swinging from a profit of 465.1 billion won a year earlier. The company said in a regulatory filing that it posted 195.3 billion won in operating profit for the quarter, compared with 460.6 billion won a year ago. Revenue fell 29.8 percent to 6.16 trillion won. Source: Yonhap News Agency