LG Chem Q3 Report 2023

 

2023 2Q VS 3Q
Sales 14,542 13,495
Operating Profit (%) 616 (4.2%) 860 (6.4%)
EBITDA (%) 1593 (11.00%) 1,859 (13.8%)
Pre-tax Income (%) 780 (5.40%) 576 (4.3%)
Net Income (%) 671 (4.6%) 585 (4.3%)

 

  • Battery material shipments to Europe decreased while shipments to the U.S. increased to maintain QoQ volume Sales prices decreased and profitability worsened due to falling metal prices
  • Sales decreased due to decline in overseas shipments of vaccines and aesthetics AVEO’s sales & profitability improvement led to a turnaround in profitability

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