[Market Focus] Hyosung TNC Surges on Outlook for Differentiated Earnings Improvement...Hits Record High

Hyosung TNC showed a strong performance with gains of over 6%, setting a new 52-week intraday high.

As of 9:27 a.m. on April 13, Hyosung TNC was trading at 494,500 won, up 30,500 won (6.57%) from the previous session. During intraday trading, it rose as high as 504,000 won, rewriting its 52-week high.

The rise in share price is believed to be driven by expectations of improved earnings due to higher spandex prices.

On this day, NH Investment & Securities raised its target price for Hyosung TNC from 510,000 won to 620,000 won. Younggwang Choi, a researcher at NH Investment & Securities, stated, “The upward revision of the target price is due to a 14.1% increase in the 2026 operating profit forecast, reflecting the sharp rise in spandex prices and spreads.” He added, “The continued positive trends in key spandex industry indicators and rising prices will support further improvement in Hyosung TNC's performance and share price.” He also said, “Following profit growth in the first quarter of this year, Hyosung TNC is expected to continue its upward momentum in operating profit through the second and third quarters, demonstrating differentiated performance within the industry.”

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