[Click eStock] "Enox Advanced Materials, Recovering from Poor Profitability"

IBK Investment & Securities forecasted on the 22nd that Enox Advanced Materials will continue its growth trend in the second quarter following the first quarter of this year. The target stock price was revised upward from 40,000 KRW to 45,000 KRW.

Kim Unho, a researcher at IBK Investment & Securities, explained, "The sales revenue in the first quarter of this year increased by 22.1% compared to the previous quarter, reaching 102.2 billion KRW," adding, "The operating profit in the first quarter was 15.8 billion KRW, influenced by the KRW-USD exchange rate, cost structure improvements, and product mix enhancements."

He continued, "The sales revenue for the second quarter of this year is expected to increase by 22.1% compared to the first quarter, reaching 124.7 billion KRW," and added, "Sales related to semiconductors and mobile devices are expected to increase in the second quarter as well." He emphasized, "Operating profit in the second quarter is projected to achieve 21.5 billion KRW, a 36.1% increase compared to the first quarter."

Researcher Kim analyzed, "Touch panels that support pen input are expanding from smartphones to tablets and laptops," and "The volume of semiconductors is also expected to improve compared to last year." He stated, "Operating profit this year is expected to increase by 85.7% compared to last year," and added, "The profitability, which was sluggish last year, will recover to previous levels."

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