[Featured Stock] Daeduck Electronics Rises 8% on Earnings Growth Expectations
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[Asia Economy Reporter Kwon Jae-hee] Daeduck Electronics is showing strong performance amid expectations of improved earnings due to the semiconductor package substrate boom.
As of 2:19 PM on the 18th, Daeduck Electronics is trading at 26,350 KRW, up 7.99% compared to the previous trading day.
Daeduck Electronics' first-quarter performance this year is projected to be 282.4 billion KRW in sales and 30.4 billion KRW in operating profit.
Kwon Sung-ryul, a researcher at DB Financial Investment, analyzed, "The actual results are expected to exceed market forecasts," adding, "Sales could surpass projections by more than 3%, and operating profit by over 10%, due to some price increases in memory substrates, improved mix of MLB (Multi Layer Board), and strong performance of semiconductor package substrates classified as module SiP."
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Considering Daeduck Electronics' high export ratio, it is also expected to benefit from the won-dollar exchange rate.
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