[Concall] LG Chem "No Change in Goal to Increase Cathode Material Shipments by 40% This Year"

On the 30th, during the Q1 earnings conference call, LG Chem stated, "We have structured a customer portfolio focused mainly on North America, which has the highest growth potential, and we are supplying cathode materials to numerous OEM projects, so the possibility of a sharp decline in shipments is low." They added, "There is no change to the forecast made earlier this year that shipments will increase by 40% compared to last year."

LG Chem achieved consolidated sales of KRW 11.6094 trillion and an operating profit of KRW 264.6 billion in the first quarter.

Yeouido Securities District, Park One, LG Twin Towers. Photo by Hyunmin Kim kimhyun81@