SK Securities maintained its investment opinion on Kumho Petroleum as a "Buy" and raised the target price to 330,000 won on the 6th.
The securities said, "Kumho Petroleum's rubber division, including NB Latex, will be strong."
"The first quarter sales and operating profit estimates of Kumho Petroleum are expected to be 1.6145 trillion won and 417.9 billion won respectively," the securities said. "As of the 5th, it will be similar to 1.56 trillion won in consensus sales and 394.6 billion won in operating profit."
Kumho Petroleum has set a sales target of about 9 trillion won in 2025. It plans to increase sales by 1.7 trillion won in Core (Rubber, Precision Chemical, Epoxy), 700 billion won in BASE (Resin and Phenol), and 1.7 trillion won in next-generation growth engines including CNT.
Reporter Lee Dong-hoon firstname.lastname@example.org