Iljin Electric Co., Ltd.
News
Last 30 days- Iljin Electric's Operating Profit Soars 98%... North American Transformer Orders Transform Performance
Iljin Electric recorded results significantly exceeding market expectations for the third quarter, driven by an expansion in high-priced transformer orders in North America and the effects of new factory operations. Yuanta Securities noted in a recent report that profitability improvements in the heavy electrical equipment sector are progressing faster than expected...
pinpointnews15 Nov 2026Positive
- Iljin Electric Stock Continues Strong Performance, Surpassing 50,000 Won in the Second Week of November
According to Naver Pay Securities, Iljin Electric closed at 58,100 won on November 13, up 3,800 won from the previous day, based on KRX closing data. This represents a 7.00% increase.
joongangenews14 Nov 2026Positive
- Iljin Electric Rises to 57,200 Won as Power Equipment Orders Expand
On the KOSPI, Iljin Electric was trading at 57,200 won, up 2,900 won (5.34%) from the previous day as of 2:54 PM on the 13th. The intraday high was 59,200 won and the low was 56,300 won, resulting in a fluctuation range of 5.15% based on the low and high.
job-post13 Nov 2026Positive
- [Notable Stock] Iljin Electric Rises Over 6% During Trading... Q3 Operating Profit Up 98%
Iljin Electric (103590) saw its stock rise over 6% during trading on the afternoon of the 13th. According to Naver Securities, which provides prices from the Korea Exchange, the stock price at 1:31 PM was 57,600 KRW, up 3,300 KRW (6.08%) from the previous trading day. Iljin Electric submitted its report on October 11 regarding its 2026 plans...
vegannews13 Nov 2026Positive
- [Daily ESG Policy Briefing] 800.2 Billion Won Development of AI Semiconductors; Samsung Electronics HBM Factory...
Private companies include Doosan Enerbility, Samsung C&T, Samsung SDI, SK On, Hanwha Solutions Q CELLS, CS Wind, HD Hyundai Energy Solutions, HD Hyundai Electric, Hyosung Heavy Industries, Korea Electric Wire, LS Cable, Iljin Electric, Gridwiz, and Sixty Hertz, among 14 others.
impacton13 Nov 2026Neutral
- [The Bell][Company Watch] Iljin Electric Thrives Amid 'Power Grid Boom', Achieving Dual Success in Performance and Finance...
Iljin Electric has continued its rapid performance growth, driven by the expansion of global power infrastructure investments. With ongoing demand for electrical equipment due to the replacement of aging power grids in the U.S. and the expansion of renewable energy in Europe, both sales and operating profit have increased.
thebell13 Nov 2026Positive
- [THE Biz&CEO] '34-Year Veteran' Yoo Sang-seok Expands Territory Amid Power Boom
Yoo Sang-seok, CEO of Iljin Electric, who has dedicated nearly 34 years to the company starting as a regular employee, achieved the highest performance in history in his first year as the sole representative. A field expert with experience in both wire and heavy electrical businesses, he established a sole representative system this year...
the-biz13 Nov 2026Positive
- North America and Europe Growth... Iljin Electric Says 'New Opportunities in Power Infrastructure Investment'
With the potential for expanded power infrastructure investment highlighted after the U.S. midterm elections, interest is growing in Iljin Electric's market penetration in the Americas. Iljin Group Chairman Heo Jin-kyu has emphasized securing super-gap technology and a strategy for diversifying overseas markets in response to U.S. policies.
asiatoday12 Nov 2026Positive
- Iljin Electric Reports Q3 Operating Profit of 70 Billion Won, Up 98.3% Year-on-Year
A view of Iljin Electric's cable factory. Provided by Iljin Holdings. Iljin Electric achieved nearly double the operating profit in Q3 compared to the same period last year, thanks to expanded investments in the global power grid. According to the Financial Supervisory Service's electronic disclosure system on the 12th, Iljin Electric's...
greened12 Nov 2026Positive
- Iljin Electric Falls 1.33% Despite 98% Surge in Q3 Operating Profit, Yuanta Securities Forecasts Growth Next Year
Iljin Electric's stock is showing weakness despite a significant increase in Q3 operating profit and news of expanded transformer orders in North America. The operating profit for Q3 rose by 98% year-on-year, supported by an increase in high-priced transformer orders in North America, with 69% of the total order backlog...
cbci12 Nov 2026Negative
- [Morning Report] "Iljin Electric's Operating Profit Soars Due to North American Transformer Boom...
Iljin Electric's operating profit for the third quarter of this year surged 98% year-on-year, driven by an increase in high-priced transformer orders in North America. Additionally, the high-margin heavy electrical equipment segment accounts for 69% of the total order backlog, indicating double-digit profit growth next year as well.
newspim12 Nov 2026Positive
- Iljin Electric Sees Surge in High-Value Transformer Shipments in North America Amid Global Power Supercycle
Yuanta Securities stated on the 12th that Iljin Electric (103590) significantly exceeded consensus and estimates for Q3 performance through high-value orders, with 69% of its backlog in heavy electrical equipment and plans for additional expansion to sustain profit growth through 2027.
newsprime12 Nov 2026Positive
- Iljin Electric Q3 Operating Profit 70 Billion Won Up 98.3%...Order Backlog Exceeds 3 Trillion Won
Iljin Electric reported growth in both revenue and operating profit for Q3 this year, driven by increased demand for global power grid construction. The company announced on the 11th that it recorded consolidated revenue of 637.6 billion won and operating profit of 70 billion won for Q3. This is an increase compared to last year...
srtimes11 Nov 2026Positive
- Iljin Electric Reports 70 Billion Won Operating Profit in Q3 Amid Power Grid Boom
Iljin Electric has recorded significant growth in both revenue and operating profit for Q3 and Q4 this year, driven by increased global investment in power grids. The demand for power equipment has surged due to the replacement of aging power grids in the U.S. and the expansion of renewable energy generation in Europe.
fnnews11 Nov 2026Positive
- Iljin Electric's 'Magic'... Earnings Double and Order Backlog Exceeds 3 Trillion Won, Stock Price Soars
According to Aju Economy, reporter Song Yoon-seo, Iljin Electric is experiencing rapid earnings growth thanks to the expansion of global power infrastructure investments. Operating profit for the third quarter nearly doubled compared to the same period last year, and the order backlog has also surpassed 3 trillion won.
ajunews11 Nov 2026Positive
- Iljin Electric Achieves Operating Profit of 70 Billion Won in Q3, Up 98.3% YoY
Iljin Electric (103590) reported a revenue of 637.6 billion won and an operating profit of 70 billion won for Q3, marking increases of 41.6% and 98.3% respectively compared to the same period last year, as announced on the 11th. For the cumulative results in Q3, the revenue reached 1.7811 trillion won and the operating profit was 192.7 billion won, reflecting increases of 24.5% year-on-year.
edaily11 Nov 2026Positive
- Iljin Electric's Q3 Operating Profit Soars 98% on Expanded Overseas Orders
Iljin Electric nearly doubled its Q3 operating profit, driven by the replacement of aging power grids in the U.S. and increased investment in renewable energy in Europe. The wire business supported revenue growth, while the high-margin transformer and heavy electrical equipment sectors contributed significantly.
g-enews11 Nov 2026Positive
- Iljin Electric Reports Q3 Revenue and Operating Profit Growth... Up 41.6% and 98.3% Year-on-Year
Iljin Electric showed significant growth in both revenue and operating profit for Q3 this year. The increase in demand for high-voltage transformers and power cables due to expanded global power grid investments appears to have driven the performance improvement. Iljin Electric disclosed this on the 11th to the Financial Supervisory Service.
energy-news11 Nov 2026Positive
- Iljin Electric Reports Q3 Operating Profit of 70 Billion Won, Up 98.3% Year-on-Year
Iljin Electric achieved strong performance in Q3 this year, driven by increased demand for electrical equipment and wires. The growth is attributed to expanded overseas orders and rising global investments in power infrastructure. Iljin Electric's consolidated revenue for Q3...
view.asiae11 Nov 2026Positive
- Iljin Electric Reports Q3 Operating Profit of 70 Billion Won, Up 98% Year-on-Year
Order backlog stands at $2.2 billion. The impact of U.S. data center regulations is limited. Iljin Electric's Q3 operating profit nearly doubled compared to a year ago, driven by increased overseas orders for transformers and wires due to expanded investments in power grids in the U.S. and Europe, indicating a positive outlook for Q4.
dealsite11 Nov 2026Positive
- Iljin Electric's Q3 Operating Profit Soars 98.3%... Large Orders Expected in Q4
Iljin Electric has nearly doubled its operating profit in Q3 due to increased sales in power equipment and wires, and is expecting further growth in performance and orders in Q4. The company reported Q3 sales of 637.6 billion KRW and an operating profit of 70 billion KRW on the 11th.
zdnet11 Nov 2026Positive
- Hyosung Heavy Industries and LS Electric Halted by 4.32% Tariff in the U.S.; Court Ruling Under Scrutiny
In contrast, HD Hyundai Electric and Iljin Electric, which were directly investigated, received a 0% tariff. Hyosung Heavy Industries and LS Electric, excluded from the direct investigation, were subjected to a separate calculation method resulting in a 4.32% dumping margin. Both companies are under investigation...
e-science5 Nov 2026Neutral
- Speeding Up Domestic Production of HVDC for West Coast Energy Highway: Key to 2GW Commercialization Verification
The development of conversion transformers is underway with four companies selected as participants in a national project: Hyosung Heavy Industries, LS Electric, HD Hyundai Electric, and Iljin Electric, since September last year. The West Coast Energy Highway involves offshore wind power generated along the west coast...
g-enews5 Nov 2026Neutral
- Sending More Electricity and Reducing Losses... 'AI Power Grid Innovation' Ignites Big Spot
Iljin Electric announced the application of a 154kV polypropylene insulated cable, co-developed with KEPCO, to the power grid in Eumseong, Chungbuk, stating that it can transmit over 10% more electricity than existing cross-linked polyethylene products. The cable will be used for data centers...
sedaily5 Nov 2026Positive
- [Exclusive] Hyosung Heavy Industries and LS Electric Halted on US Transformer Tariff Settlement... Court 'Settlement...
In the same retrial, HD Hyundai Electric and Iljin Electric, which were directly investigated, received a 0% tariff, while the two companies excluded from the direct investigation were imposed a separate calculation method of 4.32%. Consequently, Hyosung Heavy Industries and LS Electric on September 11...
ngetnews4 Nov 2026Negative
- [Notable Stock] Iljin Electric Rises Nearly 8% After US Preliminary Anti-Dumping Ruling of 0% on Transformers
Iljin Electric showed strong performance on the 2nd, following news that it received a 0% dumping margin in the US's preliminary ruling on anti-dumping for large transformers from Korea. On that day, Iljin Electric closed at 56,900 won, up 7.97% from the previous trading day. The US Department of Commerce...
moneystorm2 Nov 2026Positive
- Iljin Electric Rises 9.11%...Focus on Revenue Conversion from Transformer and Wire Orders
As of 2:50 PM on the 2nd, Iljin Electric's stock price reached 57,500 KRW on the KOSDAQ. This is an increase of 4,800 KRW (9.11%) from the previous trading day. The cumulative trading volume was 192,739 shares, with a trading value of approximately 10.7 billion KRW. The intraday high was 57,700 KRW, and the low was 50...
job-post2 Nov 2026Positive
- HD Hyundai, Iljin Receive 0% Preliminary Margin on U.S. Transformer Anti-Dumping Review
HD Hyundai Electric and Iljin Electric have received a preliminary determination of a 0% dumping margin in the U.S. annual anti-dumping review for large power transformers from Korea. The U.S. Department of Commerce released the preliminary results on October 30 (local time), indicating that the two companies were assessed during the review period...
g-enews31 Oct 2026Neutral
- [Data Newsroom] Energy Sector Loses 50 Trillion Won in Market Cap in H2... LG Energy...
The stocks in this group include ▲Winix (-29.8%) ▲Powernet (-29.4%) ▲Iljin Electric (-29.4%) ▲EcoPro BM (-27.5%) ▲THN (-27.2%) ▲Dongyang ENP (-26.7%) ▲EcoPro M (-26.5%) ▲Korea Terminal (-26.1%) ▲Korea Electric Power Corporation (-23.8...
greened29 Oct 2026Negative
- Iljin Electric Stock Price Rises 4.60% to 59,100 Won in Aftermarket on October 28
As of 5:13 PM on October 28 in the aftermarket, according to Naver Pay Securities, Iljin Electric is trading at 59,100 Won, up 2,600 Won or 4.60% from the previous closing price of 56,500 Won. The stock price is at 58,000 Won...
topstarnews28 Oct 2026Positive