[Stock in Focus] LS Surges Over 5% on Record-High Earnings
LS is showing an upward trend after achieving record-high results last year.
As of 9:15 a.m. on March 16, 2026, LS is trading at 263,000 won, up 5.20% (13,000 won) from the previous trading day.
Thanks to strong performances by its key affiliates such as LS Cable, LS ELECTRIC, and LS MnM, LS recorded consolidated sales of 45.7223 trillion won and operating profit of 1.4884 trillion won last year (based on the sum of 12 affiliates and internal accounting standards). Both sales and operating profit rose by 9.1% and 23.1%, respectively, compared to the previous year, marking record-high figures.
LS Cable and LS ELECTRIC expanded their orders for high value-added products such as extra-high voltage and submarine cables, extra-high voltage transformers, switchboards, and bus ducts in the global power grid and artificial intelligence (AI) data center power infrastructure sector, covering transmission, substation, and distribution fields. Through this, the two companies secured an order backlog exceeding 12 trillion won in global markets such as the United States and Europe by last year, continuing their mid- to long-term growth momentum.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- [Why&Next] Uber and Naver Move to Acquire Baemin... Eyeing Coupang's Top Spot in Commerce
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
LS MnM saw a significant increase in net profit due to higher copper prices boosting sales, as well as maximizing the profitability of sulfuric acid and precious metals. Major affiliates such as LS Mtron, E1, and INVENI also improved profitability, with LS Mtron solidifying its position in the North American injection molding machine market, E1 improving trading LPG results, and INVENI enhancing investment returns through strengthened investment expertise.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.