Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

LG CNS IPO Book Building Results Analysis

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li><em><strong>LG CNS reported better than expected results in 1Q 2025 with sales of 1.2 trillion won (up 13.2% YoY) and operating profit of 78.9 billion won (up 144.3% YoY).</strong></em></li>
<li>The company's sales, operating profit, and net profit were 5.5%, 16.5%, and 36.4% better than the consensus estimates, respectively in 1Q 2025. </li>
<li>The company's Cloud &amp; AI unit had sales of 717.3 billion won (up 30.1% YoY) in 1Q 2025.</li>
</ul>


LG CNS reported better than expected results in 1Q 2025 with sales of 1.2 trillion won (up 13.2% YoY) and operating profit of 78.9 billion won (up 144.3% YoY).
The company's sales, operating profit, and net profit were 5.5%, 16.5%, and 36.4% better than the consensus estimates, respectively in 1Q 2025. 
The company's Cloud &amp; AI unit had sales of 717.3 billion won (up 30.1% YoY) in 1Q 2025.


LG CNS：クラウド＆AI部門の牽引により、2025年第1四半期は予想を上回る業績を達成