[Featured Stock] SK Gas with 'Unique Business Model' Up 4.51%
SK Gas's stock price is on the rise on the 21st. As of 11:44 AM on the same day, SK Gas is trading at 176,000 KRW, up 7,600 KRW (4.51%) compared to the previous trading day.
Yoo Jae-sun, a researcher at Hana Securities, commented on SK Gas, saying, "It is characterized by securing a high market share in the domestic liquefied petroleum gas (LPG) market and recording stable profits," and added, "Since the new business of power generation starts this year and will be fully reflected next year, earnings volatility will quickly ease."
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SK Gas's LNG·LPG dual power plant, the world's first to operate, is expected to become a unique business model as it can receive both fuels from adjacent areas. Researcher Yoo said, "The competitiveness of fuel cost unit price has been secured," and added, "There is no difficulty in achieving the previously presented guidance of annual sales of 1 trillion KRW and a pre-tax profit of 230 billion KRW for last year."
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