[Click eStock] "BHI, Focus on Potential Nuclear Power Industry Turnaround"

On the 21st, KB Securities analyzed that attention should be paid to BHI amid the possibility of a global nuclear power industry turnaround.

Jae-yoon Han, a researcher at KB Securities, stated in a report on the same day, “The reason BHI had no sales of auxiliary nuclear power equipment until now was due to the lack of new nuclear power plant construction following the Fukushima nuclear accident,” adding, “Starting with the main contract in Poland in the second half of 2023, nuclear power-related orders are expected to be in full swing across the industry in countries such as the Czech Republic, T?rkiye, the United Kingdom, and Romania.”

He further described the current situation as “a phase where the long-standing order drought is breaking, and multiple countries can simultaneously place orders, allowing expectations for an industry turnaround,” emphasizing, “BHI is a company that has secured both Korea Hydro & Nuclear Power (KHNP) and Westinghouse as clients, and regardless of the outcome of the lawsuits between the two companies, it can benefit from the industry turnaround.”

Meanwhile, on the 19th, a U.S. court dismissed Westinghouse’s lawsuit aimed at blocking KHNP’s independent nuclear power plant exports.

Regarding this, the researcher explained, “The immediate pressure factor of the lawsuit has disappeared, allowing negotiations from a more advantageous position, which can be viewed positively.”