[Featured Stock] Hanwha Solutions Drops 6% Late Session... NH Securities "Sustained Mid-to-Long-Term Growth"

On the 3rd, Hanwha Solutions showed a decline of over 6% in the latter part of the trading session, indicating a weak trend.

As of 2:48 PM that day, Hanwha Solutions was trading at 50,400 KRW, down 6.15% compared to the previous trading day.

Hanwha Solutions underwent a spin-off of Hanwha Galleria, resulting in a trading halt from February 27 and resuming on the 31st of last month. On the first day of resumed trading, the stock closed up about 3.47%, but it is showing weakness today.

However, securities firms forecast sustained mid- to long-term growth for Hanwha Solutions based on the expansion of its solar power sales. Youngkwang Choi, a researcher at NH Investment & Securities, stated, "The proportion of sales to the U.S. market is planned to increase from around 40-50% in 2022 to 70% by 2025, and the average selling price is expected to remain relatively stable," adding, "Significant sales volume growth is expected to begin from next year."

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