SEOUL, January 27 (AJP) - South Korean power equipment company LS Electric said on Tuesday it posted record revenue and operating profit in 2025, driven by strong growth in its North American business and rising demand for power infrastructure.
The company said consolidated revenue rose 9 percent from a year earlier to 4.96 trillion won, while operating profit increased 9.6 percent to 426.9 billion won. Fourth-quarter revenue climbed to a record 1.52 trillion won, with operating profit also reaching an all-time high of 130.2 billion won.
LS Electric attributed the gains to expansion in its global business, led by power systems for large technology companies’ data centers in North America and its ultra-high-voltage transformer operations. The company also cited a selective order strategy focused on higher-margin projects.
Orders related to data center power systems exceeded 1 trillion won last year as it expanded sales in the North American power distribution market.
The ultra-high-voltage transformer business also recorded an increase in new orders, mainly in the United States, supported by expanded production capacity following the completion of its second plant in Busan.
Revenue from North America surpassed 1 trillion won for the first time in 2025, rising about 30% from a year earlier and emerging as a key growth driver, the company said.
LS Electric also reported solid performance in Southeast Asia, citing increased power infrastructure investment in markets such as Vietnam and Indonesia. Simpors, an Indonesian power equipment company acquired in 2023, posted double-digit growth in operating profit.
The company said its order backlog reached a record level of about 5 trillion won at the end of 2025. Ultra-high-voltage transformer orders accounted for roughly 2.7 trillion won, more than half of the total. New orders during the year totaled about 3.7 trillion won, the highest annual level in the company’s history.
An LS Electric official said the data center power systems and ultra-high-voltage transformer businesses in North America marked the company’s entry into an era of 1 trillion won in regional revenue.
The official said LS Electric plans to strengthen its position as a global total power solutions provider in 2026 by focusing on next-generation businesses such as high-voltage direct current systems and energy storage systems, while expanding into Europe and the Middle East.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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