KB Securities has issued a ‘BUY’ rating for SoluM, predicting a ‘low start and high finish in earnings trend’ and setting a target price of KRW 25,000. SoluM’s performance in 2025 is estimated to reach sales of KRW 1.8 trillion and operating profit of KRW 120.6 billion, with the cumulative order amount of Electronic Shelf Label (ESL) expected to expand annual sales up to KRW 650.7 billion. The report also suggests that if the situation in the Red Sea normalizes, there could be a quarterly performance improvement effect of KRW 30-40 billion for SoluM.
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Auto-posted at: 2025-03-19 09:04:01