LG Innotek (011070) investor relations material

Executive summary

• Q3 revenue was ₩6,367,124 million, up 18.6% YoY, while operating income fell 53.4% to ₩94,847 million; 9M revenue, operating income and net income all rose YoY.

• Optics Solutions led Q3 revenue growth; Optical and Package Solutions also drove 9M earnings improvement.

Financial highlights

• Q3 gross profit was ₩392,248 million versus ₩473,275 million YoY; net income was ₩95,225 million versus ₩128,389 million.

• 9M revenue was ₩17,429,200 million, operating income ₩635,920 million and net income ₩494,035 million, all above 9M 2025.

• 9M gross profit was ₩1,480,678 million versus ₩1,094,503 million; basic and diluted EPS were ₩20,877 versus ₩8,677.

• 9M other gains of ₩548,342 million and other losses of ₩512,540 million included substantial foreign-exchange gains and losses.

• Q3 EBITDA was ₩331.0bn and EBITDA margin 5.2%, down 3.7pp QoQ and 3.9pp YoY; operating margin was 1.5%.

Outlook and guidance

• Optics Solution expects a stable Q4 supply ramp amid solid new-model demand and plans to expand robotic vision sensing solutions.

• Package Solution expects continued RF-SiP and FC-CSP demand, seasonal display softness and timely FC-BGA capacity expansion.

• Mobility Solution expects Q4 revenue growth from automotive communication and lighting despite weak demand, with AP module production ramping up.

• 2030 targets include at least ₩8 trillion in sales from high-value growth businesses and ROE of at least 15%.

• Longer-term priorities include AI-server, HPC and Edge AI substrates; LEO communications RF-SiP; autonomous-driving modules; and robotics vision sensing and control.