LG Energy Solution, Ltd., together with its subsidiaries, provides energy solutions in South Korea, China, Asia/Oceania, the United States, Europe, and Africa. The company manufactures and supplies a range of automotive batteries, which include pouch-type battery cells, modules/packs, and battery management system products for use in electric vehicle batteries; mobility and IT batteries for various applications in IT devices, such as smartphones and laptops, as well as light electric vehicles, electric bicycles, power tools, and wireless earphones; and energy storage systems (ESS) that are used in power grids, UPS, and commercial and residential applications. It also offers facility management and cleaning; and ESS installation services, as well as invests in ventures. The company was founded in 2020 and is headquartered in Seoul, South Korea. LG Energy Solution, Ltd. is a subsidiary of LG Chem Ltd.
Revenue of LG Energy Solution, Ltd. (373220.KS)
Revenue in 2023 (TTM): $24.22 B
According to LG Energy Solution, Ltd.'s latest financial reports the company's current revenue (TTM) is $24.22 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of LG Energy Solution, Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $24.22 B | $3.34 B | $3.36 B | $1.49 B | $887.91 M |
| 2022 | $18.37 B | $3.08 B | $2.14 B | $714.32 M | $550.64 M |
| 2021 | $12.81 B | $2.8 B | $1.66 B | $557.77 M | $568.78 M |
| 2020 | $1.05 B | $160.8 M | $-346,427,584 | $-434,095,939 | $-326,917,259 |