[Click eStock] "Sinsung ENG, Export Ratio Increasing... This Year Is a Year of Opportunity"
On the 31st, SK Securities analyzed that Shinsung ENG will continue its growth this year due to the increasing demand for cleanrooms driven by the rise in overseas local factory construction.
Na Seungdoo, a researcher at SK Securities, stated in a report on the same day, "Although the scale decreased last year due to delays or reductions in investments by major domestic and international clients, this year we expect to demonstrate growth again thanks to the recovery of the industry and the resumption of investment projects by key clients." He added, "While advanced technologies such as artificial intelligence are spreading rapidly, the importance of securing corporate supply chains and energy security/independence is increasing due to ongoing regional conflicts."
Researcher Na Seungdoo said, "The demand for cleanrooms driven by the increase in overseas local factory construction will continue," and predicted, "This year, domestic project investments are expected to resume and expand, but overseas project performance will increase relatively more, further expanding the export ratio."
Na also mentioned, "The renewable energy business sector was affected last year by reduced support for renewable energy and a decline in solar module prices, but this year, the overseas expansion of business areas and the growth potential of Building-Integrated Photovoltaics (BIPV) are expected to be highlighted."
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He continued, "In particular, attention is drawn to BIPV, which, along with its characteristic of being integrated into buildings, combines aesthetic elements and convenience, making it highly likely to rapidly expand the market."
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