LS Group Announces Routine Annual Business Group Status: 72 Affiliates, Assets of 51.1 Trillion Won, Revenue of 42 Trillion Won
LS Group (controlling shareholder Koo Ja-eun) operates 72 affiliates (including 2 financial companies) as of May 29, 2026, with total assets of KRW 51.1025 trillion, annual revenue of KRW 42.0431 trillion, and net profit of KRW 1.0547 trillion.
Net increase of 4 affiliates year-on-year (8 added: Nuriieum, Essex Solutions Inc., etc.; 4 removed: merger of E1 Pyeongtaek Energy, liquidation of LS-INNOCOM, etc.), with total employees of 15,112.
LS Corp. maintains a very stable financial position with assets of KRW 5.9512 trillion, equity of KRW 4.9366 trillion, debt ratio of 20.55%, and holds 3,852,462 treasury shares (12.35%).
Key subsidiaries' debt ratios vary: LS Cable & System 275.06%, LS MnM 175.23%, LS Electric 101.31%, but overall financial health under the holding company structure remains sound.
Domestic inter-affiliate goods/services transactions total KRW 4.4274 trillion, receivables balance KRW 1.188 trillion, guarantees for affiliates KRW 525.4 billion, and collateral provided KRW 50.3 billion.
The board operates ESG and audit committees; 10 listed affiliates have adopted electronic voting, with general shareholder voting turnout ranging from 0.01% to 17.02%.
[AI Summary]This routine annual disclosure of LS Group's business status is a neutral event, confirming the group's stable governance and financial standing without any material positive or negative developments that would immediately impact shareholder value.
KOSPI Filing Information
Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]