UPDATED. 2024-03-28 05:14 (목)
LG Energy Solution sees sales increase 42% in 2022
LG Energy Solution sees sales increase 42% in 2022
  • Lee Sang Won
  • 승인 2022.02.08 16:11
  • 댓글 0
이 기사를 공유합니다

Firm to spend 6.3 trillion won to expand production capacity
Image: LG Energy Solution
Image: LG Energy Solution

South Korean electric vehicle (EV) battery maker LG Energy Solution said it had recorded 17.85 trillion won in revenue and 768.5 billion won in operating income during the entire year of 2022.

Revenue increased 42% year-on-year, while the company recorded its first annual operating income after years of losses.

The cost of the recall and compensation agreed with main customer General Motors and other energy storage system (ESS) makers, which totaled around 150 billion won, was also taken into account in the operating income figure, LG Energy Solution.

The South Korean said the annual revenue figure was short of its initial target of 18.9 trillion won, which was caused by the global chip shortage that affected vehicle production and an increase in raw material cost.

The company said it is aiming for annual revenue of 19.2 trillion won in 2022, which will be an 8% increase from last year.

LG Energy Solution expects the global EV market to continue to grow and it will see sales from cylinder batteries increase going forward.

The company also said it plans to spend 6.3 trillion won this year to expand its facility.

The investment figure is 58% higher than in 2021 and will be spent on its joint ventures with General Motors as well as to expand its production capacities of existing facilities in the US and China.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트