Heungkuk Securities raised its target price for Wonik IPS, predicting a turnaround in operating profit this year

영상제작.편집팀

press@alphabiz.co.kr | 2024-03-06 15:25:20

 

[알파경제=영상제작.편집팀] Heungkuk Securities maintained its investment opinion on Wonik IPS on the 6th and raised its target stock price to 42,000 won from 41,000 won. We focused on the increase in ALD sales of major customers.

"Wonik IPS's sales in the fourth quarter of last year fell 30 percent year-on-year to 225.4 billion won and operating profit fell 55 percent to 12.1 billion won, falling below its estimated 229.3 billion won in sales and 16.1 billion won in operating profit, respectively," Heungkuk Securities said.

"In the semiconductor sector (70% of sales), DRAM (RAM) was centered on P3 1a-oriented sales, and NAND's sales of V9-oriented R & D facilities were recognized," Heungkuk Securities said. "The foundry was reflected in sales of 4nm-oriented facilities, and the display sector (30% of sales) increased due to organic light emitting diode (OLED) facility investment by Chinese customers."

Heungkuk Securities said, "This year's sales are expected to increase 7% year-on-year to 737.8 billion won, and operating profit is expected to turn into a surplus and reach 3.7 billion won."

 

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