LS (006260) Q2 2026 earnings summary

Executive summary

• Consolidated revenue for H1 2026 was KRW 20,528,009 million, with operating income of KRW 1,071,657 million and net profit of KRW 538,587 million.

• The group operates as a holding company with major subsidiaries in cable, electric, metals, machinery, and real estate, with 145 consolidated subsidiaries at period end.

• Major business segments include cable (LS Cable), electric (LS Electric), metals (LS MnM), machinery (LS Mtron), and real estate/investment (LS I&D).

Financial highlights

• H1 2026 revenue decreased from KRW 31,870,031 million in FY2025, reflecting seasonality and market conditions.

• Operating margin for H1 2026 was 5.2%, and net margin was 2.6%.

• Cash and cash equivalents at period end were KRW 2,379,509 million.

• Total assets reached KRW 29,864,460 million, with equity of KRW 8,077,762 million.

• Basic EPS for H1 2026 was KRW 12,590.

Outlook and guidance

• The group continues to focus on global expansion, especially in high-voltage cable, renewable energy, and data center infrastructure.

• Ongoing investments in R&D and production capacity are expected to support future growth, particularly in North America and Europe.