LG Energy Solution said its second-quarter operating profit surged 152% from a year earlier to about ₩492.2 billion ($360 million), beating the ₩315.47 billion average analyst estimate. Revenue came in at ₩5.57 trillion, slightly below forecasts. Excluding a roughly ₩490.8 billion benefit from the U.S. Inflation Reduction Act’s Advanced Manufacturing Production Credit, profit was still positive at ₩1.4 billion, marking the battery maker’s first operating gain without the subsidy in six quarters. The company attributed the outperformance to unexpectedly strong demand for electric-vehicle batteries and energy-storage systems, as automakers front-loaded orders ahead of higher U.S. tariffs on Chinese inputs. LG Energy Solution, which supplies General Motors and Tesla, plans to release full results later this month. In contrast, affiliate LG Electronics estimated its April–June operating profit at ₩639.1 billion, a 47% decline from a year earlier and well below the ₩916.71 billion market consensus. Sales are expected to drop to ₩20.74 trillion, also missing projections, as weakening demand for home appliances and televisions offset growth in its emerging automotive components business. The diverging earnings underscore the growing importance of EV batteries within the LG conglomerate as consumer electronics face softer demand. Both companies will provide detailed guidance and outlooks when they report final results later in July.