NEWS

      Title LS Eco Energy achieves highest-ever performance in first half, with highest profitability and growth
      Date 2025-07-24



      Photograph) LS Eco Energy's Vietnamese production corporation


      ■ Record high operating profit and net profit margins due to strong exports of high value-added cables
      ■ Continued growth in global earning due to surge in demand for AI, renewable energy, and infrastructure
      ■ Exports continue despite tariff risks, and growth engine expands to submarine cables and rare earth elements



      LS Eco Energy (CEO Lee Sang-ho) has continued its high-growth trend by achieving its highest ever performance in the first half for two consecutive years.

      The company announced on the 24th that it had recorded sales of KRW 478.6 billion, operating profit of KRW 38.9 billion, and net profit of KRW 30.9 billion in the first half of 2025. 

      The company showed remarkable growth in both scale and profitability, recording a 16% increase in sales, a 59% increase in operating profit, and a 48% increase in net profit compared to the same period last year.

      In particular, its operating profit and net profit, which were the highest ever on a semi-annual basis, were close to last year's annual performance. In addition, the company showed a clear improvement in profitability, with its operating profit margin (8.1%) and net profit margin (6.5%) also hitting record highs for the first half of the year.

      The increase in performance was driven by increased exports of ultra-high-voltage power cables to Europe and URD (distribution) and UTP (communication) cables to the US, and the expansion of new and renewable energy businesses such as solar power in the Philippines. In addition, the expansion of global infrastructure investment, the surge in AI data centers, and the acceleration of the transition to renewable energy have driven exports of key product groups.

      Notably, despite the imposition of import tariffs by the US, the company minimized the impact on exports to the US through a preemptive customer response and strategic price adjustments, which contributed to a stable performance.

      “We will continue to expand our profit base with a focus on high value-added power and communication cables while responding flexibly to global protectionism and supply chain restructuring,” said Lee Sang-ho, CEO of LS Eco Energy. “We will also work with the Vietnamese government to strengthen mid- to long-term growth engines such as submarine cables and rare earth elements.” 
       

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