On the 19th, Eugene Investment & Securities forecasted that Hancom would see an increase in operating profit in the first quarter of this year. The target stock price was raised from 29,000 KRW to 38,000 KRW. The investment opinion was maintained as 'Buy.'
Jongseon Park, a researcher at Eugene Investment & Securities, explained, "We estimate that the first quarter sales will be 49.1 billion KRW and operating profit will be 7 billion KRW," adding, "This represents an increase of 17.6% and 188.3%, respectively, compared to the same period last year."
He continued, "The key factor to watch for Hancom this year is the full-scale advancement of its artificial intelligence (AI) business," and added, "They plan to promote expansion into AI through the launch of AI-applied products, cloud SaaS expansion, full-scale SDK business, and the digitization of documents."
He stated, "The portfolio restructuring focused on profitability of Hancom Lifecare, the advancement of Hancom Carelink's digital healthcare platform, and Clipsoft's focus on the reporting tool business are also positive factors for securing mid- to long-term growth momentum."
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