On August 10, Won Min-seok, a researcher at Hi Investment & Securities, stated, "Recently, the company's stock price has shown a continuous upward trend reflecting the value of the copper foil business based on the expansion prospects of the xEV industry. Steady capacity expansions are planned going forward, so a solid trend is expected to continue. The 4th plant, which began mass production in March 2020, will contribute significantly to earnings starting from 3Q20. Additionally, the 5th and 6th plants, each with a capacity of 9,000 tpa, are planned to start mass production in 1Q22 and 3Q22, respectively. These are expected to contribute to future earnings improvements." He set the target price for SKC at 105,000 KRW.
Over the past five days, individual investors have net purchased 235,071 shares of SKC, while foreign investors and institutions have net purchased 76,225 shares and net sold 304,741 shares, respectively.

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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