LG Chem: 1Q20, A Reminder Of Strong Fundamentals

LG Chem: 1Q20, A Reminder Of Strong Fundamentals

The earnings surprise for 1Q20 reaffirms LG Chem’s (OTCPK:LGCLF) strong fundamentals across all divisions. Chemical and battery margins came in higher than estimates. Advanced materials also turned to profit. We forecast battery earnings will continue growing…
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