[Featured Stock] Polaris Works, Modular Rental Business Benefits from Green New Deal... 'Rising'

[Asia Economy Reporter Hyunseok Yoo] Polaris Works is on the rise. It appears that the expectation that the modular rental business will benefit from the Green Smart Future School policy, part of the Green New Deal policy, has had an impact.

As of 1:59 PM on the 2nd, Polaris Works was traded at 2,125 KRW, up 1.67% (35 KRW) compared to the previous trading day.

Jaeyoon Kim, a researcher at KTB Investment & Securities, said, "The modular rental business starting in the second half of this year will become full-scale from next year," adding, "According to the Green Smart Future School policy, part of the Green New Deal policy, improvements will be made to aging school building facilities that are over 40 years old starting next year." He continued, "It is expected that new demand for rental classroom modules will arise at about 300 schools annually until 2025."

He said, "In addition to the Green Smart Future School policy, the modular market will expand in terms of resolving overcrowded class issues," adding, "Modular units are products that replace existing temporary container classrooms and have advantages in terms of environment, performance, and construction period. It is expected that a rental classroom market worth about 300 billion KRW annually will be formed, and benefits are anticipated accordingly."

Along with this, existing businesses are also expected to improve. He explained, "The image sensor packaging business, which had been sluggish after losing customers, is also expected to turn around," adding, "Orders from previously lost customers are reoccurring, and sales for automotive and IT devices are also expected in the second half of the year."

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