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  • NEWS Desk Global

BATTERY FIRM LG ENERGY SOLUTION'S Q4 PROFIT UP 43% ON HIGHER US OUTPUT




South Korean battery firm LG Energy Solution said on Friday a rise of 43% in quarterly profit, helped by increased output from its U.S. joint-venture factory with General Motors.

The supplier of Tesla, GM, Volkswagen and other automakers reported operating profit of 338 billion won ($252.40 million) for the October-December period, up from 237 billion a year earlier.

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