LG New Energy’s revenue in the second quarter was 5.071 trillion won, and the annual revenue target was raised to 22 trillion won

Visit the original URL

 Titanium Media App reported on July 28 that at the second-quarter results conference, LG New Energy announced that its second-quarter consolidated revenue was 5.071 trillion won, and its operating profit was 195.6 billion won. Revenue in the second quarter of 2022 increased by 16.8% compared with the previous quarter, but operating profit declined due to the impact of epidemic control measures and global supply chain disruptions. At this performance conference, LG New Energy raised its annual revenue target to 22 trillion won. Compared with the target set at the beginning of the year, the increase is 2.8 trillion won. With the upcoming new models from several partners, the ramp-up of the production capacity of the joint venture with General Motors in the first phase, and the positive impact of the cost pass-through mechanism, LG New Energy is optimistic about the revenue in the second half of the year. , and predicts that in the second half of this year, overall revenue will reach 12.6 trillion won, an increase of 48% (8.5 trillion won) year-on-year, and a 34% increase compared to the first half of 2022.

media coverage

Titanium Media IT Home CNBeta
Related events

This article is reprinted from: https://readhub.cn/topic/8i0HoEbcGeD
This site is for inclusion only, and the copyright belongs to the original author.

Leave a Comment

Your email address will not be published.