LG Energy Solution Q3 profit climbs 26% on strong ESS demand

LG Energy Solution reported a 25.7 percent increase in third-quarter operating profit Tuesday, boosted by strong demand for energy storage systems in North America and recovering electric-vehicle battery sales, as the South Korean battery-maker raised its full-year revenue outlook. The company posted an operating profit of 756 billion won ($564 million) for the July-September period, up 25.7 percent from a year earlier, according to its earnings release. Excluding 416.9 billion won in US manufac