According to regulatory filings released Thursday, revenue rose 24.8 percent year-on-year to 7.56 trillion won, while the net loss came to 328.6 billion won, swinging back into the red.
Still, the quarterly result marked a rebound from a first-quarter operating loss of 207.8 billion won, snapping two straight quarters of losses that stretched back to the final three months of last year.
The turnaround leaned heavily on government support.
The reported profit included about 241 billion won in tax credits under the Advanced Manufacturing Production Credit of the U.S. Inflation Reduction Act; excluding the subsidy, the company would have booked an operating loss of 127.7 billion won.
Rising North American demand for energy-storage systems and firm cylindrical battery sales cushioned the blow, offsetting a demand chasm that has forced the temporary shutdown of the firm's Ultium Cells joint venture with General Motors in Ohio and Tennessee.
Shares of LG Energy Solution traded at 320,000 won per stock at 9:53 a.m., 6.49 percent higher than the day before.
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