South Korea’s LS Eco Energy Ltd. saw its second-quarter 2025 operating profit rise by 60 percent on increased exports of its high value-added cable business.

LS Eco Energy said in a regulatory filing on Thursday that its consolidated operating profit for the second quarter was 23.6 billion won ($17.22 million), up 60.2 percent from the same period a year ago. Revenue rose 7.6 percent to 250.2 billion won in the April to June 2025 period while net profit climbed 39.9 percent to 18.2 billion won.

The company’s cumulative operating profit for the first half of 2025 totaled 38.9 billion won, the highest figure ever for a half-year period. Both the operating margin (8.1 percent) and net profit margin (6.5 percent) also hit record highs on a half-year basis.

The strong performance was driven by increased exports of ultra-high voltage power cables to Europe, utility (URD) and communication (UTP) cables to the United States, and the expansion of renewable energy projects such as solar power in the Philippines.

LS Eco Energy also noted that it minimized the impact of U.S. import tariffs via proactive customer engagement and strategic pricing adjustments, which contributed to its stable performance.

“We will continue to flexibly respond to global protectionism and supply chain restructuring while expanding our profit base centered on high value-added power and communication cables,” Chief Executive Officer (CEO) Lee Sang-ho said. “We will also strengthen our mid- to long-term growth engines, such as submarine cables and rare earth projects, in collaboration with the Vietnamese government.”

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