[Click eStock] "Korea Kolmar, Expecting Record Quarterly Performance... Target Price Maintained"

Hana Securities forecasted on the 10th that Kolmar Korea will record its highest quarterly performance. The investment opinion 'Buy' and the target stock price of 80,000 won were maintained.

Eunjung Park, a researcher at Hana Securities, stated, "Kolmar Korea's consolidated sales for the second quarter are estimated to increase by 9% year-on-year to 650 billion won, and operating profit for the same period is expected to rise by 15% to 64.1 billion won," adding, "This represents the highest quarterly performance." She added, "Due to strong direct and indirect exports, separate sales are expected to grow rapidly, and HK Innoen, a major profit contributor, is also anticipated to perform well. Even with conservative assumptions for China, where the market environment is challenging, and the U.S., where fixed costs are expected to increase due to research institute investments, market expectations will be comfortably met."

Researcher Park continued, "This year, domestic Original Design Manufacturing (ODM) will lead overall growth," and said, "High growth is expected through order volumes exceeding seasonality, additional capacity (CAPA) acquisition, and expansion of sales capabilities by securing domestic and international clients." She also added, "China is still under the influence of industrial sluggishness, and North America is expected to recover sequentially through securing container supply, increasing operating rates, and expanding the customer base."

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