LX International (001120) Q3 2026 earnings summary

Executive summary

• Q3’26 sales were KRW 5,187.2bn, up KRW 0.6tn YoY and KRW 0.3tn QoQ; operating profit rose 121% YoY to KRW 143.1bn.

• Q3 EBITDA was KRW 248.7bn, up 49% YoY and 9% QoQ; net profit was KRW 104.3bn versus KRW 47.2bn a year earlier.

• 9M 2026 revenue reached KRW 14,174.9bn, operating income KRW 369.8bn and net income KRW 256.5bn, all above 9M 2025.

Financial highlights

• Q3 gross profit was KRW 466.7bn; profit before tax was KRW 152.6bn versus KRW 60.4bn in Q3’25.

• 9M gross profit was KRW 1,307.9bn versus KRW 1,043.1bn; operating income was KRW 369.8bn versus KRW 236.7bn.

• 9M net income was KRW 256.5bn versus KRW 213.9bn; parent-attributable net income was KRW 207.1bn versus KRW 195.2bn.

• 9M basic EPS was KRW 5,759 versus KRW 5,428; Q3 basic EPS was KRW 2,131 versus KRW 1,185.

Segment performance

• Resources: Q3 sales were KRW 327.5bn and operating profit KRW 14.9bn, up KRW 4.1bn YoY but down KRW 6.7bn QoQ; sequential declines reflected lower AKP mine profit and CPO sales volume.

• Trading / New Biz: Q3 sales were KRW 2,432.8bn and operating profit KRW 35.0bn, up KRW 18.1bn YoY but down KRW 10.2bn QoQ amid lower resources-trading profitability.

• Logistics: Q3 sales were KRW 2,426.9bn and operating profit KRW 93.2bn, up KRW 56.1bn YoY and KRW 42.2bn QoQ on higher freight rates and volume.

• 9M Resource revenue and operating income were KRW 1,016.2bn and KRW 68.8bn; Trading / New Growth, KRW 6,553.5bn and KRW 123.4bn; Logistics, KRW 6,605.2bn and KRW 177.7bn. All segment operating income exceeded 9M 2025.

• LG Electronics generated KRW 5,119.6bn of 9M sales, exceeding 10% of consolidated revenue; disclosed sales concentration was 36.2%.