1. CS Wind Q2 Earnings: Key Highlights

CS Wind reported KRW 650 billion in revenue and KRW 59.3 billion in operating profit for Q2 2025, significantly missing market forecasts. Compared to the same period last year, revenue decreased by 27.9%, and operating profit plummeted by a staggering 52.6%. This result is particularly shocking considering the strong performance in Q1.

2. Reasons for the Underperformance

Several factors contributed to this disappointing performance, including the global economic slowdown, which led to decreased investment in wind power, rising raw material prices, and increased exchange rate volatility. Project delays and intensifying competition are also believed to have played a role.

3. What Should Investors Do Now?

Investors should be wary of increased stock volatility in the short term. However, the long-term growth potential of the wind power industry remains strong. It is crucial to monitor CS Wind’s future performance improvements, core business competitiveness, and macroeconomic changes to adjust investment strategies accordingly.

4. Key Points to Watch

  • • Management’s analysis of the underperformance and future strategies
  • • Order intake and execution rate of major projects
  • • Trends in raw material prices and exchange rates
  • • Government policy support and regulatory changes