Pum-tech Korea continues to grow due to diversification of customers and products in the second half of the year (Hanyang Securities)
Pum-tech Korea continues to grow due to diversification of customers and products in the second half of the year (Hanyang Securities)
  • 이동훈 기자
  • 승인 2021.08.27 12:42
  • 최종수정 2021.08.27 10:08
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펌텍코리아.
펌텍코리아.

Hanyang Securities evaluated Pum-tech Korea, a cosmetics container maker, on the 27th that it can expect good performance in the second half of the year depending on the diversification of customers and products. Investment opinion 'buy' and target price of 32,000 won were maintained.

Previously, Pum-tech Korea recorded sales of 56.1 billion won and operating profit of 7.4 billion won in the second quarter.

Compared to the same period last year, sales increased 13.2% and operating profit increased 8.1%.

"Although the household goods container sector was sluggish in the second quarter, a clear recovery in sales of cosmetics containers led to external growth," Hanyang Securities said. "Stable external growth continued despite a temporary reduction in profit margin as production efficiency decreased due to the advancement of the process in the second quarter.".

Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com


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