[Alpha Biz=(Chicago) Reporter Paul Lee] Yuanta Securities offered a "buy" opinion, saying LIG Nex1's mid- to long-term growth has become firm.

Noting that its order backlog rose about 60 percent year-on-year to 19.6 trillion won at the end of 2023, Saudi Arabia expressed expectations for the possibility of additional orders for Cheongung-Ⅱ.

Sales are expected to increase in earnest due to increased order balances, adding that performance growth will continue for four to five years as deliveries to the Middle East are expected to begin in earnest in 2026.

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