LS (A006260) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was KRW 9,504,447 million, with operating income of KRW 476,090 million and net profit of KRW 241,907 million, showing year-over-year growth in both sales and profitability.

• The group operates across multiple segments: industrial wire, power cable, electric power, automation, metals, IT, machinery, components, copper refining, real estate, and global business, with significant international exposure.

• The company maintains a strong capital structure, with total assets of KRW 27,620,017 million and equity of KRW 7,752,113 million as of March 2026.

Financial highlights

• Gross profit for Q1 2026 was KRW 962,112 million, with a gross margin of approximately 10.1%.

• Basic earnings per share for Q1 2026 was KRW 5,700, and diluted EPS was KRW 5,635.

• Cash and cash equivalents increased to KRW 2,439,517 million, up from KRW 2,086,611 million at year-end 2025.

• The net debt to equity ratio rose to 120.36% from 102.94% at the end of 2025.

• Dividends paid in Q1 2026 totaled KRW 68,369 million.

Outlook and guidance

• The company continues to invest in capacity expansion, R&D, and global market penetration, with significant capital expenditures planned across all business segments.

• Ongoing large-scale projects in power infrastructure, renewable energy, and data centers are expected to drive future growth.