SEOUL—South Korea’s LG Chem Ltd posted a 20 percent fall in quarterly profit on Monday, hurt by a one-off expense associated with the recall of General Motors’ Bolt electric vehicles.
It reported an operating profit of 727 billion won ($617.55 million) for the July-September period, versus 904 billion won a year earlier and an average analyst forecast of 893 billion won compiled by Refinitiv SmartEstimate.
