As of 2:30 PM on the 29th, Hyosung TNC is trading at 561,000 KRW, down 8.18% from the previous day. The trading volume is 130,495 shares, which is 101.11% of the previous day's volume. Hyosung TNC is known as a chemical fiber manufacturing and trading company.


On March 25, Kiwoom Securities researchers Dongwook Lee and Junsu Kwon stated, "This year, the company's and China's planned spandex expansion projects are expected to start operating from the second half of the year, but actual on-spec operation is anticipated only in the first half of next year. Additionally, the company is expected to maintain solid performance in the second half of this year based on the integrated effect of raw materials and inventory management capabilities. The company's financial structure is rapidly stabilizing. Despite additional investments in spandex and Quzhou NF3, the net debt ratio, which exceeded 360% in 2018, is expected to decrease to 77.5% this year, below 100%." They set the target price for Hyosung TNC at 900,000 KRW.


Over the past five days, individual investors have net purchased 14,851 shares of Hyosung TNC, while foreigners and institutions have net purchased 10,483 shares and net sold 35,334 shares, respectively.



※ Source: AI Investment Assistant AI Rassi


※ This article was generated in real-time by an automatic 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