[Featured Stock] Expectation of Double Sales Growth... HD Hyundai Marine Engine Up Over 11%
HD Hyundai Marine Engine is showing strong performance in early trading following a securities firm's analysis predicting a 136% sales growth by 2026.
![[Featured Stock] Expectation of Double Sales Growth... HD Hyundai Marine Engine Up Over 11%](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
As of 9:35 AM on the 10th, HD Hyundai Marine Engine is trading at 28,900 KRW, up 3,050 KRW (11.08%) from the previous trading day.
The early strength of HD Hyundai Marine Engine is attributed to expectations of continued strong earnings.
On this day, Daol Investment & Securities analyzed that after the shipping market boom that began in 2021, shipbuilding stocks have risen significantly, making ship engine companies more attractive.
Hot Picks Today
"Samsung Electronics Employee with 100 Million Won Salary Receiving 600 Million Won Bonus... Estimated Tax Revealed"
- At President Lee's Call to "Give Enough to Shock," Whistleblower Rewards Become a Real Lottery
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- Gwangju Schools Purchase Starbucks Gift Cards Despite 'Tank Day' Controversy
- Appearing in a Leather Jacket, Jensen Huang Hastily Eats $6 Noodles on the Street... Shop Instantly Becomes a Hotspot
Choi Kwang-sik, a researcher at Daol Investment & Securities, stated, "If preparations are made in 2025 and HD Hyundai Mipo handles even 50% in 2026, sales will reach 860 billion KRW, a 136% increase compared to last year. Although it has the disadvantage of an air gap about 30% slower than HD Hyundai Heavy Industries Engine & Machinery Division, productivity can improve by transferring know-how and systems, enabling a volume increase of over 40%," he analyzed.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
