[Featured Stock] Hyosung TNC Hits Upper Limit on Earnings Improvement
[Asia Economy Reporter Park Soyeon] Hyosung TNC is showing strong performance in the early trading session, supported by improved earnings.
As of 9:31 AM on the 1st, Hyosung TNC was trading at 389,000 KRW, up 29.88% (89,500 KRW) from the previous trading day, hitting the upper price limit.
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Hana Financial Investment raised Hyosung TNC's target price by 77% from the previous level to 800,000 KRW, stating, "Hyosung TNC is expected to achieve a structural profit level-up due to the normalization of profits at its Qidong, China, and India factories."
This content was produced with the assistance of AI translation services.
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