[Click eStock] "DKT, Record-Breaking Q2 Performance"
Hana Securities analyzed on the 2nd that DKTI achieved its highest-ever second-quarter performance.
DKTI recorded consolidated sales of 107.7 billion KRW and operating profit of 7.6 billion KRW in the second quarter. These figures represent increases of 39.7% and 93.6%, respectively, compared to the same period last year.
Choi Jae-ho, a researcher at Hana Securities, explained, "There was balanced growth across all business sectors and sales in the smartphone and wearable OLED sectors increased by 23.2% year-on-year due to the rise in average selling price (ASP) following the launch of on-device AI smartphones starting this year."
He continued, "PCM sales increased by 21.8% influenced by the strong sales of the S series and sales of WPC, a wireless charger for vehicle smartphones, are steadily increasing," he added.
It is estimated that DKTI will achieve sales of 420.9 billion KRW and operating profit of 27.1 billion KRW this year, representing increases of 50.3% and 84.7%, respectively, compared to last year.
Hot Picks Today
"Over 20 Times More Than Overseas": 104.5 Milli...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- "Even Luxury Cars Drive Off Without Paying"... UK Sees Surge in Fuel Theft at Ga...
- "Is the Starting Salary Really 4 Million Won?"... Surprise as Navy Salary and Sa...
- [Breaking] Trump: "We Will Make a Great Deal with Iran"
Researcher Choi analyzed, "The average selling price of FPCA is rising due to the specification upgrades of smart devices and the automotive electronics sector will serve as a new growth pillar."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.