Photograph) Panoramic view of LS Eco Energy's Vietnamese production subsidiary (LSCV)


■ Q3 revenue and operating profit surge 50% YoY, raising expectations for third consecutive year of record-breaking results
■ Buoyed by strong power cable exports to Europe and North America and increase in busduct orders from big tech companies in Asia
■ Securing new growth engines by building new production facilities for AIDC busducts and samarium metal


LS Eco Energy (CEO Lee Sang-ho) achieved record-breaking earnings in the third quarter of this year, and is on track to break its annual performance record for the third consecutive year. 

The company announced on the 20th that it had recorded preliminary consolidated revenue of KRW 351.5 billion, operating profit of KRW 22.2 billion, and net profit of KRW 14 billion for the third quarter. 

Revenue and operating profit increased by 51.0% and 50.2% YoY, respectively, marking all-time third-quarter highs. Cumulative revenue and operating profit for the first three quarters reached KRW 987.3 billion and KRW 67.5 billion, respectively, surpassing the 2025 totals of KRW 960.1 billion and KRW 66.8 billion in just nine months. 

This growth was driven by expanding exports of power cables and busducts to Europe and North America, as well as growing demand for power infrastructure stemming from the expansion of global power grid investments, the proliferation of AI data centers (AIDCs), and the transition to renewable energy. 

Notably, busduct revenue has doubled or tripled YoY as demand for busducts surged on investments in hyperscale data centers and a construction boom of high-rise buildings centering on Malaysia and Indonesia.

LS Eco Energy plans to win more orders from global big tech companies and improve profitability by investing in large-capacity busduct production facilities at LSCV in Ho Chi Minh City, Vietnam, with mass production slated for the second half of 2027. 

The company is also building up its rare earth metal business as a new growth engine. Last month, it began constructing a defense-grade samarium metal production facility at LSCV, and aims to begin mass production within this year. 

"With our new AIDC and rare earth businesses on top of expanding exports to Europe and North America, we expect this upward trajectory in revenue and operating profit to continue," said Lee Sang-ho, CEO of LS Eco Energy.