The Korea Times
LS Eco Energy is demonstrating clear profitability differentiation, posting an operating margin of around 7 percent in 2025, well above the domestic cable industry’s average of 3 to 4 percent. The cable industry is widely regarded as a low-margin business, as raw materials — particularly copper — account for a large share of manufacturing costs, limiting operating profitability. Against this backdrop, LS Eco Energy’s above-average margin is being viewed by the market not as a one-off earnings boost, but as evidence of structural profitability gains driven by a more advanced business portfolio. The improvement has been supported by growth in extra-high-voltage power cables and expanding overseas supply by LS Eco Energy, particularly in Europe and North America. Extra-high-voltage cables have high technological entry barriers and are typically secured through project-based contracts, allowing for relatively stronger margins. In addition, the company’s rare earth metals and submarine cable businesses are viewed as high-value-added segments capable of delivering double-digit operati
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