[Click eStock] "Espolitech, Expected Record High Performance This Year"

[Asia Economy Reporter Hyunseok Yoo] KB Securities analyzed on the 12th that Espolitech is expected to achieve record-high performance this year. No investment opinion or target price was provided.

Espolitech recorded sales of 36.8 billion KRW and operating profit of 4.5 billion KRW in the second quarter. This represents increases of 37.5% and 18.7%, respectively, compared to the same period last year. Clinical Researcher Guk Lim of KB Securities stated, "The surge in sales of transparent shields for blocking the novel coronavirus (COVID-19) led to the highest quarterly operating profit ever," adding, "The cumulative operating profit for the first half of the year is 8 billion KRW, and the profit growth rate is expected to accelerate further in the second half."

In particular, record-high performance is expected this year. He said, "The current factory is operating at full capacity, and the virus-blocking transparent shields ‘Bipens’ and ‘Byshield’ are delivering unexpected benefits," adding, "Monthly sales of 5.5 billion to 6.5 billion KRW are expected from May through the end of the year. Since COVID-19 is not expected to end immediately, and considering the emergence of other respiratory viruses, global demand for virus-blocking transparent shields is expected to continue."

He emphasized, "Along with the untact environment, demand for high-definition large-screen QLED TVs is increasing. Sales of light guide plates for Samsung Electronics’ 8K QLED TVs and high-margin polycarbonate films for security purposes are expected to begin in earnest," adding, "Composite panels (PC+PMMA) used as covers for 5G smartphones are considered a strong next growth driver."

This content was produced with the assistance of AI translation services.