Kim Jisun Reporter
stockmk2020@alphabiz.co.kr | 2024-03-07 03:35:25
[Alpha Biz=(Chicago) Reporter Kim Jisun] Heungkuk Securities analyzed Samsung C&T on the 6th that it is optimized for value-up programs by expanding shareholder returns and securing growth engines.
"Despite the global economic downturn, business performance can remain solid this year," Heungkuk Securities said in a report on the same day. "The good performance trend is expected to continue despite the profit reduction in the construction sector as Samsung C&T is building various business portfolios."
Consolidated sales in the first quarter are expected to rise 1% year-on-year to 10.3 trillion won and operating profit to 688.3 billion won, up 7.4%. The leisure sector is expected to suffer operating losses due to the seasonal off-season, but the deficit is expected to shrink compared to last year.
Researcher Park said that Samsung C&T is turning into a growth value stock by securing new growth engines.
[ⓒ 알파경제. 무단전재-재배포 금지]