[Featured Stock] CJ CheilJedang, Stable Earnings Expected... Up 3% Intraday

[Asia Economy Reporter Minji Lee] CJ CheilJedang is continuing its upward trend with a rise of over 3% during trading hours.

At 10:05 AM on the 12th, CJ CheilJedang was trading at 398,500 KRW, up 3.10% from the previous trading day. This is believed to reflect positive expectations that the company will deliver stable performance in the second quarter due to solid profitability and growth potential.

On the same day, Shinhan Financial Investment forecasted that CJ CheilJedang's second-quarter sales would increase by 10.5% year-on-year to 6.97 trillion KRW, while operating profit would decrease by 3.2% to 454.5 billion KRW. Regarding this, researcher Sanghoon Cho from Shinhan Financial Investment explained, “Despite cost burdens and a high base effect, the company is expected to post resilient results.”

Researcher Cho further analyzed, “The food segment will continue to grow, supported by structural increases in demand for convenient meals, price hikes, and overseas growth momentum. The bio segment has room to improve profitability as it works to reduce earnings volatility caused by the amino acid market conditions and expand its dominance in high-margin products.”

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