[eDisclosure Notice] LG Energy Solution, Q3 Return to Profit and More (Afternoon Summary)

[Asia Economy Reporter Kwon Jaehee] LG Energy Solution announced on the 7th that its preliminary consolidated financial results for the third quarter recorded sales of 7.6482 trillion KRW and an operating profit of 521.9 billion KRW. Sales increased by 89.9% compared to the same period last year, and operating profit turned positive.

Below are the major disclosures released in the afternoon of the same day.

▲ Hansae Yes24 Holdings = Will hold an investor relations (IR) meeting for fund managers and analysts on the 27th.

▲ Kukdo Chemical = Announced on the 7th that it decided to acquire 150,000 treasury shares on the market. The expected acquisition amount is 6.6675 billion KRW, and the expected acquisition period is from the 11th of this month to January 10, 2023. The company explained that this is "to enhance shareholder value through stock price stabilization."

▲ Optrontec = Changed from a dual CEO system with Lim Ji-yoon and Hong Sa-gwan to a sole CEO system with Lim Ji-yoon. The company announced on the 7th that "CEO Hong Sa-gwan resigned due to personal reasons," but "he will maintain his position as an inside director."

▲ Quro = Quro announced on the 7th that it received an order for chemical plant equipment from an overseas company. The contract amount and the contracting party are undisclosed at the request of the contracting party.