[Click eStock] "Pulmuone, Expected to Turn Overseas Business Profitable in the Second Half of This Year"

DS Investment & Securities judged on the 27th that the second half of this year will be an important period for Pulmuone's overseas business to turn profitable. They maintained a 'Buy' investment rating and a target price of 14,000 KRW.

Jang Ji-hye, a researcher at DS Investment & Securities, estimated that Pulmuone will achieve consolidated sales of 3.1 trillion KRW and operating profit of 86.5 billion KRW this year. These figures represent increases of 5% and 40%, respectively, compared to last year.

Researcher Jang explained, "The food manufacturing and distribution sector will improve profitability through premiumization of existing core products and strengthening of the Earth Diet brand," and added, "It will focus on growing online, business-to-business (B2B), and convenience store channels." She further stated, "The food service distribution sector is expected to improve profitability through differentiated growth via captive and military catering, as well as recovery in the concession and rest area business divisions."

This year, Pulmuone is expected to improve profitability as it succeeds in turning the overseas business segment, which had long been in deficit, into a profit-making one, according to Researcher Jang's analysis.

She said, "Pulmuone has a product portfolio that corresponds to the two major trends in the global food market: plant-based protein foods and K-Food," and added, "This year, the overseas business will face an important turning point with a reduction in losses in the first half, a shift to profitability in the second half, and an improvement in the financial structure."

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