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LS E-Link Submits Preliminary Examination Application for KOSDAQ Listing

Business / Kim Jisun / 08/23/2024 07:01 AM

 

[Alpha Biz= Reporter Kim Jisun] LS E-Link announced on the 22nd that it has submitted its preliminary listing application to the Korea Exchange for a KOSDAQ listing. Mirae Asset Securities and Korea Investment & Securities are serving as the lead managers for the listing.

Founded in 2022 through joint investment by LS and E1, LS E-Link focuses on the development and operation of EV charging infrastructure. The company is engaged in electric vehicle (EV) charging services primarily for B2B customers, including large transportation and cargo sectors that require substantial power.

LS E-Link provides a range of charging solutions tailored to customer needs, including ceiling-mounted chargers and a charging control system that automates power distribution and sequential charging. The company is currently involved in building EV charging infrastructure at over 120 locations nationwide, targeting bus operators and logistics companies.

In the previous year, LS E-Link recorded a revenue of 28 billion KRW and an operating profit of 1.3 billion KRW. For the first half of this year, it reported cumulative revenue of 19.5 billion KRW and an operating profit of 2.2 billion KRW.

 

 

 

AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)

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