[Featured Stock] SK Rises 3% on Broad Earnings Improvement Expected Across Consolidated Subsidiaries

SK's stock price is on the rise. Expectations that the steady improvement in the performance of its consolidated subsidiaries will continue seem to be influencing the stock price.

As of 10:18 AM on the 12th, SK is trading at 188,000 KRW, up 3.64% compared to the previous trading day.

Jongryul Park, a researcher at Heungkuk Securities, stated, "Although the scale is expected to increase slightly in the second quarter, operating profit is projected to rise significantly due to the low base effect from last year, along with solid performance improvements from SK Telecom and SK E&S, as well as the impact of SK Innovation and SK Square." He added, "Operating profit growth rates are expected to remain steady each quarter this year."

Furthermore, Park explained that the possibility of stock price revaluation lies in shareholder returns. He said, "The cancellation of treasury shares acquired through trust contracts is positively evaluated, but a proactive stance is also needed regarding the cancellation of profits from existing treasury shares." He analyzed, "If efforts to increase the shareholder return ratio are concentrated, there is sufficient potential for stock price revaluation along with performance recovery."

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