LS Eco Energy: Strong Q1 2026 Results and Business Expansion


  • Consolidated Q1 2026: revenue ₩285.5B (+25.0% YoY), operating profit ₩20.1B (+22.5% YoY), net profit ₩14.2B (+11.7% YoY), EPS ₩408 (+10.0% YoY)
  • Completed disposal of all treasury shares (297,303 shares) on Jan 16, 2026, at ₩36,000/share, sold to parent LS Cable & System, to fund facility investment
  • Declared cash dividend of ₩250/share (dividend yield 0.61%)
  • Added new business purposes: submarine cable, rare earth metals, IDC centers, superconducting cable, offshore wind, robot/AI advanced materials & components
  • Rare earth metal business: signed Framework Agreement with Lynas Rare Earths, plan to issue mutual convertible bonds (₩28.5B facility investment)
  • Submarine cable JV in progress (JDA with PTSC), IDC busduct/EHV cable orders secured (Indonesia/Malaysia supplies)
  • Net debt-to-equity ratio improved to 37.82% (from 42.47% at end-2025), total borrowings ₩132.6B, cash ₩37.8B
  • Myanmar subsidiary operations minimized but no impairment losses

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: LS Eco Energy (229640)
  • Submission: LS Eco Energy Ltd.
  • Receipt: 05-15-2026