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LG Energy Solution reported record quarterly sales and a 25.7 percent rise in operating profit for the third quarter, driven by growing North American energy storage system (ESS) shipments and stronger electric vehicle demand, Korea Times reports. The company posted revenue of 9 trillion 643.4 billion won ($7.11 billion) and operating profit of 756.0 billion won ($557.2 million), marking a 59 percent increase in sales and a 25.7 percent rise in operating profit year-on-year, according to Kyunghyang Shinmun and Yonhap. Business Korea notes the record revenue was driven by expanding ESS demand in North America, with the company forecasting sales growth of about 40 percent in the fourth quarter. Maeil Business Newspaper reports that LG Energy Solution's production capacity is fully booked through 2028, with a 70GWh production base under construction in North America. Korean media highlight the strategic pivot from electric vehicles to ESS as a successful bet, with Maeil Business Newspaper noting the company's "ESS big hit" and record quarterly sales approaching 10 trillion won.