[Special Stock] Innowireless Rises on Strong Performance Outlook for 2025 Following Q4 Success
Innowireless is showing strong performance. This is interpreted as being influenced by securities firms' analysis that the stock price is undervalued despite expected continued earnings improvement next year following the fourth quarter of this year.
As of 10:58 AM on the 4th, Innowireless is trading at 19,390 KRW, up 5.27% compared to the previous day.
In the third quarter of this year on a consolidated basis, Innowireless recorded sales of 49.6 billion KRW and operating profit of 4.5 billion KRW, representing increases of 92% and 150% respectively compared to the same period last year. The expected sales and operating profit for the fourth quarter are 71.9 billion KRW and 7.7 billion KRW.
Kim Hong-sik, a researcher at Hana Securities, said, "This is an earnings surprise much better than initially expected," and added, "Many sales from each business division, including the telecommunications sector, were deferred to the second half, so the consolidated sales for the fourth quarter are estimated to be higher than both the third quarter of this year and the fourth quarter of last year."
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He further stated, "Frequency auctions are expected to resume in the second half of 2025, mainly in Korea and the United States, and the anticipation of a sharp increase in sales in 2026 is likely to be reflected in the stock price," and analyzed, "Looking ahead over the next year, being able to buy Innowireless at the current price-to-book ratio (PBR) of 0.8 times can be considered a stroke of luck."
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