[Click eStock] "DK Lock, Profitability Improvement Due to Increased Overseas Exports"
ResearchAlum analyzed on the 17th that DK-Lock's export ratio is increasing through the global supply chain, leading to improved profitability.
Woo Hwirang, a researcher at ResearchAlum, explained, "It is recognized for corrosion resistance enhancement through heat treatment processes, compatibility and quality stability with the world's number one measurement equipment fitting and valve company," adding, "It also has price competitiveness with at least a 30% discount compared to the global top company."
He continued, "Since the Russia-Ukraine war, Europe has continued to restrict imports of Russian energy," and added, "As U.S. energy exports increase, DK-Lock is expected to benefit."
Researcher Woo stated, "We supply ultra-high purity (UHP) fittings and valves for semiconductor gases, essential products for semiconductor production," and explained, "We are currently conducting quality tests for semiconductor fittings and valves for Samsung Electronics (pre-reliability inspection before equipment registration)." He added, "It is expected to be registered as a vendor in the fourth quarter of this year or the first quarter of next year," and "There will be supply opportunities due to the need for localization to ensure supply stability and demands for cost reduction."
He emphasized, "In July last year, we became the first domestic company to acquire Nadcap certification, an international aerospace and defense special process management program organized by a subsidiary of the Society of Automotive Engineers, in the field of aerospace fittings," and "It is presumed that we are proceeding with localization of aerospace fittings with Korea Aerospace Industries."
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It is estimated to record sales of 137.2 billion KRW and operating profit of 19.7 billion KRW this year, representing increases of 24.8% and 72.2%, respectively, compared to last year.
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