[Featured Stock] Samsung SDS Rises on Strong Earnings Outlook
[Asia Economy Reporter Minji Lee] Samsung SDS is showing an upward trend amid expectations of strong third-quarter earnings.
On the morning of the 16th, Samsung SDS was traded at 173,000 KRW on the KOSPI market, up 3.28% from the previous session.
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Dongyang Kim, a researcher at NH Investment & Securities, stated, "We expect third-quarter sales of 2.9183 trillion KRW and operating profit of 212.4 billion KRW, representing increases of 10% and 3% respectively compared to the same period last year." He added, "The logistics BPO sector is accelerating growth following Samsung Electronics' strong performance, and the IT services sector will also contribute to improved second-half results through the execution of new projects."
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