LX Semicon (108320) Q2 2025 earnings summary

Executive summary

• Revenue for 2Q25 was KRW 3,786 hundred million, down 20.5% year-over-year and 20.5% sequentially from 1Q25.

• Operating profit dropped to KRW 102 hundred million, a significant decline from KRW 597 hundred million in 1Q25.

• Net profit for 2Q25 was KRW 83 hundred million, down from KRW 454 hundred million in 1Q25.

Financial highlights

• Gross margin decreased to 30.4% in 2Q25 from 34.1% in 1Q25.

• EBITDA margin fell to 5.2% in 2Q25 from 14.5% in 1Q25.

• Total assets declined by 3.3% to KRW 14,499 hundred million as of June 2025.

• Cash and cash equivalents increased by 6.1% to KRW 4,233 hundred million compared to December 2024.

Segment performance

• Mobile segment contributed 38% of sales in 2Q25, down from 45% in 1Q25.

• TV and IT segments each accounted for 28% of sales in 2Q25, both up from 27% and 23% respectively in 1Q25.

• Large DDI product mix rose to 50% in 2Q25 from 45% in 1Q25.