iM Securities has issued a new report on Hyundai Rotem, predicting a valuation level-up due to increased orders. The report suggests that the first quarter of this year saw a record high quarterly operating profit due to the increase in exports of K2 tanks to Poland and profitability in the rail solutions division. The report also expects the momentum for orders to continue due to the Polish government’s need to secure its own tank production capabilities, and the expansion of export regions to Romania and the Middle East.
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Auto-posted at: 2025-03-31 09:04:25