[Featured Stock] LS ELECTRIC, North American Boom Continues... 5%↑ on Strong Q2 Earnings Expectations

LS ELECTRIC's stock price is on the rise. The expectation for the second-quarter earnings, driven by the continued boom in North American power infrastructure, appears to be influencing the stock price.

As of 9:58 AM on the 8th, LS ELECTRIC is trading at 205,000 KRW, up 5.89% from the previous day.

Lee Dongheon, a researcher at Shinhan Investment Corp., stated, "LS ELECTRIC's second-quarter sales are expected to meet market expectations, and operating profit is estimated to exceed 8%." He added, "Due to the continued boom in North American power infrastructure and growth in the distribution panel market, exports are increasing, which will result in better-than-expected performance."

Lee further commented, "Ultra-high voltage transformers are experiencing a super-strong market, securing orders for the next 4 to 5 years." He said, "Although there is a time lag in connecting the boom to the distribution market, the expansion and lineup enhancement related to transformers will serve as stepping stones for growth." He added, "Beyond existing replacement demand, power investments in renewables, data centers, and other areas are expanding, and an increase in market dominance through capacity expansion is expected."