LS (006260) Q4 2024 earnings summary

Executive summary

• Achieved consolidated revenue of KRW 27.54 trillion in 2024, up 12.5% year-over-year, with operating income of KRW 1.07 trillion, a 19.3% increase.

• Net income attributable to owners was KRW 237.3 billion, with total comprehensive income of KRW 354.5 billion.

• Major subsidiaries in cable, electric, metals, machinery, and real estate contributed to robust group performance.

Financial highlights

• Total assets grew to KRW 20.53 trillion (+12.5%), liabilities to KRW 13.65 trillion (+18.7%), and equity to KRW 6.88 trillion (+2.3%).

• EBITDA reached KRW 1.51 trillion, and ROE was 5.74%.

• Cash and cash equivalents at year-end were KRW 1.59 trillion.

• Earnings per share (EPS) from continuing operations was KRW 8,863.

Outlook and guidance

• Focus on strengthening core businesses, expanding global infrastructure, and accelerating new growth in battery materials and digital/AI transformation.

• Plans to maintain stable dividends and prudent capital allocation, with continued investment in future growth projects.