SEOUL, July 25 (Reuters) - South Korean battery firm LG Energy Solution (LGES) 373220.KS on Friday posted a 152% rise in quarterly profit, driven by front-loaded demand as some customers stockpiled batteries ahead of potential U.S. tariffs.
The company, which supplies Tesla TSLA.O, General Motors GM.N and Volkswagen VOWG_p.DE among other automakers, reported an operating profit of 492 billion won ($358.73 million) for the April-June period, versus a 195 billion won profit a year earlier.
That compared with a 298 billion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.
($1 = 1,371.5000 won)
(Reporting by Heekyong Yang and Hyunjoo Jin; Editing by Christian Schmollinger)
((Heekyong.Yang@thomsonreuters.com;))
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