[Click eStock] "CNC Enter, Rapid Increase in Color Cosmetics ODM Order Volume"

C&C International, a company specializing in Original Design Manufacturing (ODM) of color cosmetics, is expected to show a steep growth trend as order volumes surge.

On the 16th, Hyemi Kim, an analyst at Sangsangin Securities, stated, "C&C International has recently seen a rapid increase in order volumes as new clients, including global top-tier cosmetics brand companies, have placed orders," adding, "The increase in orders will start to be reflected in sales from this year."

According to Sangsangin Securities, C&C International's order volume in January was 19 million units, an increase of about 8 to 9 million units from the average monthly order volume of 10 to 11 million units last year. The cumulative order volume by mid-February rose from 15 million units last year to 28 million units this year. This means the order volume has nearly doubled compared to last year.

Analyst Kim said, "While order volumes are surging, the annual production capacity (capacity) of domestic factories is only 240 million units, so additional production facilities need to be expanded," and added, "With the completion of the expansion of Plant 2 in October this year, production capacity will increase by 80 million units."

However, he maintained an investment opinion of 'Hold' and kept the target stock price at 76,000 KRW per share, stating, "The stock price of C&C International partially reflects this favorable business condition." The stock price was 70,000 KRW as of the previous day's closing price.

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