[Click eStock] "Wontech, Growth to Continue Next Year... Target Price 'Up'"

Yuanta Securities forecasted that Wontec's growth trend will continue next year. The investment opinion was maintained as 'Buy,' and the target stock price was raised to 15,500 KRW.

Wontec recorded sales of 30.5 billion KRW and an operating profit of 12.64 billion KRW in the second quarter. This represents increases of 54.2% and 225.7%, respectively, compared to the same period last year. Myungjun Kwon, a researcher at Yuanta Securities, said, "Sales of Oligio in Asian regions excluding China and sales of the laser equipment Laviang in South America and China are growing," adding, "The consumables sales growth of Oligio continues."

Yuanta Securities also expects Wontec's growth to continue in the second half of this year. He said, "In the first half of this year, 433 units of the high-frequency product Oligio were sold domestically and internationally, and the full-scale consumables usage period will begin after the second half," adding, "In addition, sales growth in the United States is expected."

Yuanta Securities predicted that Wontec's sales and operating profit next year will reach 175.7 billion KRW and 70.5 billion KRW, respectively, marking increases of 40.0% and 38.6% compared to the previous year. He explained, "The entry of Oligio into major aesthetic markets such as the United States and China is becoming full-scale," and "Global penetration of Oligio is expected to expand."

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