[Featured Stock] Yuil Robo Turns Operating Profit Positive This Year... "Expecting Recovery in Demand for Equipment Automation"
Yuil Robotics is showing strong performance. It appears that securities firms' analysis, which expects a return to profitability due to the recovery in demand for equipment automation this year, has had an impact.
As of 10:39 AM on the 20th, Yuil Robotics was trading at 29,800 KRW, up 1,300 KRW (4.56%) compared to the previous trading day.
Yuil Robotics was established in 2011. It is a company listed on the KOSDAQ market in March 2022, specializing in industrial robots and automation systems. It provides comprehensive solutions necessary not only for robots but also for industrial and factory automation.
Korea Investment & Securities forecasted that Yuil Robotics will record sales of 42 billion KRW this year and return to operating profit. Si-on Kang, a researcher at Korea Investment & Securities, said, "Last year, due to the downturn in the industry and the decrease in equipment investment by client companies, the performance was poor. However, this year, as the demand for equipment automation from client companies gradually recovers, performance improvement is expected."
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He added, "There is a steady order flow from overseas factories of automobile parts companies (Mexico, the United States, etc.). It is also positive that the front industries of client companies are diversifying. Previously, the dependence on the automobile and secondary battery industries reached 75%, but the applied industries are expanding to food, cosmetics, medical devices, and others," he analyzed.
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