LS Group announced record-breaking revenue and operating profit for 2025, citing a surge in demand for power infrastructure driven by the global “electricity supercycle.”
The South Korean industrial conglomerate reported consolidated revenue of 45.7 trillion won ($31.4 billion) and an operating profit of 1.49 trillion won for the past year. These figures represent the highest financial performance since the company’s establishment in 2003. Year-over-year, revenue increased by 9.1 percent, while operating profit saw a significant rise of 23.1 percent.
LS Group attributed its success to the strong global demand for its power infrastructure solutions, spearheaded by key subsidiaries including LS Cable & System, LS Electric, and LS MnM.
LS Cable & System and LS Electric experienced increased orders for high-value products such as ultra-high voltage and submarine cables, transformers, switchgear, and bus ducts. This growth was fueled by escalating investments in global power grids and the development of artificial intelligence data centers.
These two companies secured order backlogs exceeding 12 trillion won in key international markets like the United States and Europe, setting the stage for sustained, long-term growth.
LS MnM also witnessed substantial profit increases, driven by rising copper prices that boosted revenue and profitability from byproducts like sulfuric acid and precious metals.
Other affiliates contributed to the group’s overall earnings growth. LS Mtron solidified its position in the North American injection molding machine market, while E1 enhanced its trading performance in the liquefied petroleum gas (LPG) sector. Investment firm Inveni reported higher returns from its expanded investment portfolio.
Looking ahead, LS Group stated its commitment to investing in emerging sectors alongside its core power infrastructure business. These investments include battery materials, such as precursors and nickel sulfate, as well as critical minerals like rare-earth permanent magnets, to ensure continued growth and innovation.
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