[Click eStock] "LS Electric, Anticipation for US Dealership Contract"

On the 25th, SK Securities analyzed that LS Electric has growth factors remaining for next year, such as expansion and a dealership contract in the United States.

Naminsik, a researcher at SK Securities, explained, "We are in the process of signing a distribution network contract in the U.S. Distribution of power distribution equipment is done through dealerships, and LS Electric also plans to enter the U.S. market through dealerships."

He added, "We expect to sign the contract in the first half of next year," and expressed optimism that "from the time the dealership contract is signed, LS Electric will fully benefit from the U.S.-origin power equipment cycle."

He emphasized, "Using the U.S. market as a foothold, it will be possible to enter the AI and data center power distribution equipment markets."

Researcher Nam said, "Next year, we expect the effect of expanding the Busan plant and the merger and acquisition (M&A) of KOC Electric," and analyzed, "If the expansion of the Busan plant is completed by October next year, sales could increase by 500 billion KRW." He explained, "KOC Electric is expected to be recognized in consolidated earnings from next year, with an anticipated sales increase of about 100 to 200 billion KRW."