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LS Electric |
[Alpha Biz= Reporter Kim Minyoung] NH Investment & Securities predicted that LS ELECTRIC will see a full-fledged increase in profits in the second half of the year. The proportion of sales to North America is expected to increase gradually. Investment opinion 'buy' and target stock price remained at 260,000 won, respectively. Currently, the stock price is 203,500 won based on the closing price on the 3rd.
NH Investment & Securities maintained its investment opinion and target price in the report, saying, "It is expected that sales of data center-oriented power devices will gradually increase in addition to the expansion of the sales portion of ultra-high-pressure transformers for North America and the expansion and acquisition effect in the second half of 2025."
NH Investment & Securities added, "LS Electric announced the expansion of its Busan plant and the acquisition of KOC Electro-Mechanics in May to cope with the high-pressure transformer market in North America."
It is predicted that the second quarter will take a break for a while. "The consolidated second-quarter sales will be 1 trillion won and operating profit will be 84.4 billion won, which will meet the consensus," researcher Lee said. "The operating profit of power equipment and power infrastructure will be 74.5 billion won, and the operating profit ratio will be good at 13.4%."
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
