| Title | LS Eco Energy Achieves Record-High Performance in Q3, Surpasses Last Year's Results in First Nine Months of 2025 |
|---|---|
| Date | 2025-10-28 |

Photograph) Exterior view of LS Eco Energy's Vietnam production facility
■ Global demand for power grid infrastructure and AI data centers driving growth
■ Strong export performance in Europe and US leads to top-line and profit growth
■ Impact of US tariffs minimized; Submarine cable and rare earth businesses accelerate
LS Eco Energy (CEO Lee Sang-ho) announced today that its strong growth trajectory has continued, with record-high revenue and profit results across all sectors in the third quarter of 2025.
LS Eco Energy reported revenue of KRW 232.8 billion, an operating profit of KRW 14.8 billion, and a net profit of KRW 11.2 billion for the third-quarter of 2025.
Compared to the same period last year, this represents significant growth. Revenue increased by 4.2%, operating profit by 17.7%, and net profit by 34.1%, demonstrating robust growth in both scale and profitability.
Notably, the company’s cumulative operating profit and net profit for the first three quarters reached KRW 53.7 billion and KRW 42.1 billion, respectively. This is a remarkable achievement, surpassing the previous year’s total performance of KRW 44.8 billion in operating profit and KRW 35.3 billion in net profit in just nine months.
This record performance was primarily driven by the expansion of ultra-high-voltage power cable exports to Europe and increased sales of URD (underground residential distribution) cables to the United States. The acceleration of investments in global power infrastructure, the surge in AI data centers, and the rapid transition to renewable energy all contributed to the strong demand for the company's key product lines.
The company's ability to minimize the impact of US import tariffs through proactive customer responses and strategic price adjustments was a key factor in achieving its highest-ever profitability.
Lee Sang-ho, CEO of LS Eco Energy, stated, “Overseas exports of high-value products are steadily increasing, and the domestic market in Vietnam is growing rapidly due to the government’s power grid expansion policy. We expect this positive earnings trend to continue into the fourth quarter.”
To accelerate growth, LS Eco Energy is focused on creating new growth engines by localizing its submarine cable business and establishing a rare earth business.