As of 9:30 AM on the 15th, Korea Aerospace is trading at 39,600 KRW, the same price as the previous day. The trading volume is 454,710 shares, which is about 15.65% of the previous day's volume. Korea Aerospace is known as the only aerospace company in South Korea.


On February 15, Kwangsik Choi, a researcher at Hi Investment & Securities, stated, "The company has provided a sales guidance of 2.8 trillion KRW for this year. Domestic business is flat, while exports of complete aircraft are expected to grow 27% to 0.4 trillion KRW due to reconstruction projects in Iraq. However, the guidance for airframe parts is only 470 billion KRW, down 22% from 603 billion KRW in 2020, which had already fallen 42%. Although deliveries by commercial aircraft manufacturers such as Boeing and Airbus are recovering, the first half of the year is expected to see sluggish purchase orders due to inventory depletion by makers. The company projects a net income attributable to controlling shareholders of 100.4 billion KRW." He set the target price for Korea Aerospace at 39,000 KRW.


Over the past five days, individual investors have net sold 983,267 shares of Korea Aerospace, while foreign investors and institutions have net bought 292,790 shares and 702,900 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing