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051910 LG Chem News Story

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LG Energy Solution says Q3 operating profit likely up 34%

SEOUL, Oct 13 (Reuters) - LG Energy Solution 373220.KS, an electric car battery supplier for Tesla TSLA.O and General Motors GM.N, said on Monday its third-quarter operating profit likely rose 34% to 601 billion won ($420 million) from a year earlier.

That compared with 448 billion won in profit a year earlier and a 528 billion won profit forecast compiled by LSEG SmartEstimate that was weighted toward analysts who are more consistently accurate.

($1 = 1,429.9300 won)

 (Reporting by Hyunjoo Jin and Joyce Lee; Editing by Tom Hogue)

 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))

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