
AI-generated summary
LS Eco Energy is an affiliate of LS Group and its main business is manufacturing power cables and bus ducts. It has recently expanded its production capacity in response to increased demand for high-voltage power solutions due to the expansion of global data centers and increased construction of high-rise buildings.
(Seoul = Yonhap News) Reporter Kim Min-ji = LS Eco Energy announced on the 20th that it recorded sales of 351.5 billion won, operating profit of 22.2 billion won, and net profit of 14 billion won as preliminary results for the third quarter of this year on a consolidated basis.
Compared to the same period last year, sales increased by 51.0% and operating profit by 50.2%. Both sales and operating profit are the highest ever as of the third quarter.
As of the third quarter of this year, cumulative annual sales were KRW 987.3 billion and operating profit was KRW 67.5 billion, exceeding last year's annual sales (KRW 960.1 billion) and operating profit (KRW 66.8 billion).
The increase in exports of power cables and bus ducts to Europe and North America led to performance growth.
Bus Duct's sales increased two to three times compared to the same period last year as global big tech companies' investment in hyperscale data centers and construction of high-rise buildings expanded, mainly in Malaysia and Indonesia.
LS Eco Energy will build a large-capacity bus duct production facility at LSCV in Ho Chi Minh, Vietnam and begin mass production in the second half of 2027. Through this, we plan to expand orders from global big tech and increase profitability.
In the rare earth metal business, LSCV began building a samarium metal production facility for defense industry last month and plans to begin mass production within the year.
AI outlook — possibilities, not facts
LS Eco Energy plans to begin mass production of large-capacity bus ducts at LSCV in Ho Chi Minh City, Vietnam, starting in the second half of 2027.
Very likely · Within years
LS Eco Energy plans to begin mass production through a defense samarium metal production facility at LSCV in Ho Chi Minh, Vietnam within the year.
Likely · Within months

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