[Special Stock] L&F, Long-term Growth Expectations Rise Despite Q4 Earnings Deterioration Forecast

LNDF is on the rise. Although a decline in 4th quarter earnings is expected, securities firms' analysis that growth is anticipated in the mid to long term appears to have influenced this trend.

As of 10:37 AM on the 9th, LNDF recorded 97,900 KRW, up 1,500 KRW (1.56%) compared to the previous trading day.

Sangsangin Securities forecasted that LNDF would record an operating loss of 76 billion KRW in the 4th quarter. Researcher Yumin Ki from Sangsangin Securities explained, "We expect a 76 billion KRW operating loss in the 4th quarter due to decreased demand for ternary cathode materials for ESS and inventory valuation losses."

However, they predicted growth in the mid to long term. He stated, "With the operation of the main customer's factory in Arizona, USA in 2026 and securing new customers, we expect an increase in mid to long-term proportion. Although it is currently difficult to expect significant sales achievements in Europe, performance recovery can be anticipated from 2026."