[Click eStock] "Jahwa Electronics Expected to Achieve Record High Performance in 2024"

Daishin Securities forecasted on the 28th that Jahwa Electronics will record its highest performance next year.

Park Kang-ho, a researcher at Daishin Securities, stated in a report on the same day, "This year's total sales are expected to reach 501.5 billion KRW, a 71.3% increase compared to 292.7 billion KRW last year," and analyzed, "Next year, it is expected to achieve 828.3 billion KRW, an additional 65.1% increase from this."

Researcher Park Kang-ho confirmed the competitiveness of OIS (Optical Image Stabilization) for folded zoom cameras, saying, "The acquisition of new North American clients and the increase in OIS (handshake correction parts) sales are being fully reflected." He analyzed, "In 2024, with simultaneous acquisition of Samsung Electronics, Greater China smartphone companies, and North American clients, additional sales are possible by reflecting market growth."

He added, "Operating profit is expected to turn positive from an estimated -31.1 billion KRW this year to 55.9 billion KRW in 2024."