[Market Focus] HanmiGlobal Surges Over 11% on Earnings Rebound and Nuclear Power Hopes

HanmiGlobal is up more than 11% in early trading on March 20.

As of 9:40 a.m. on this day, HanmiGlobal was trading at 25,700 won, up 11.02% from the previous session.

This is interpreted as investor sentiment being boosted by expectations of a rebound in this year's earnings and new nuclear power plant orders. Donghyun Shin, a researcher at Hyundai Motor Securities, stated in a report on March 20 that "in the domestic market, demand for project management (PM) services for data centers and reconstruction sites is increasing, so a rebound in sales is expected from last year's low point." He raised his target price to 32,000 won.

Shin added, "In addition, HanmiGlobal is steadily planning to participate in nuclear power plant projects led by Team Korea. Among domestic PM companies, HanmiGlobal is the only one capable of handling large-scale projects such as nuclear power plants, so if Korea Hydro & Nuclear Power wins an order, the company's likelihood of participation is also considered to be very high."

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