LS ELECTRIC (010120) Q3 2025 earnings summary

Executive summary

• Achieved continued sales and profit growth in 3Q 2025, driven by strong exports to the U.S. and robust performance in electric and automation segments.

• Margin improvement year-over-year, though sequential margin expansion was limited by increased tariff impacts.

• Maintained a stable financial position with ongoing shareholder return policies and strategic global expansion.

• The company operates in power, automation, metals, and IT, with a global presence and 42 consolidated subsidiaries.

• Major business areas include power equipment/systems, industrial automation, green energy, and related R&D.

Financial highlights

• 3Q 2025 sales reached KRW 1,216bn, up 19.1% year-over-year and 1.9% quarter-over-quarter.

• Operating profit was KRW 101bn, up 51.7% year-over-year but down 7.2% sequentially.

• EBITDA for the quarter was KRW 114bn, up 49.9% year-over-year.

• Net income rose to KRW 66bn, an 87.6% increase year-over-year.

• Cash and cash equivalents at period end: KRW 662,929 million.

Outlook and guidance

• Order backlog reached KRW 4.1tn, supporting future growth.

• Ongoing capacity expansions and acquisitions to meet rising global demand, especially in transformers.

• U.S. market focus with expanded distribution and production investments through 2030.

• Continued focus on global expansion, digital transformation, and green energy solutions.

• Management expects stable growth in power infrastructure, automation, and renewable energy markets.