the employees of the research center. Photo=Hansol Chemical
[Infostock Daily= Reporter An Hoe Hyun] Hanwha Investment & Securities expects Hansol Chemical to record an earnings surprise in the third quarter. Sales of quantum dot materials surged due to strong TV demand, and other materials continue to grow steadily. The investment opinion was 'Buy' and the target stock price was 190,000 won, respectively.
"Hansol Chemical's third-quarter sales are 164.6 billion won and operating profit is 49.3 billion won, exceeding Hanwha Securities' previous estimate based on operating profit by 9.1%," the company said, adding, "We expect a surprise in third-quarter earnings."
"With the start of the lamp-up at Samsung Electronics' second plant in Pyeongtaek, the volume of hydrogen peroxide has increased, and sales of quantum dot materials have increased 35% compared to the previous quarter, serving as a new cash cow," the company explained, addign, "The demand for precursor also seems to be strong in the second half of the year following the first half."
"Tapex is also estimated to see a steep improvement in profits due to increased utilization as the volume of optical transparent adhesive film(OCA) increases," the company explained.
Reporter An Hoe Hyun ahh@infostock.co.kr
