Daishin Securities analyzed on the 27th that Interflex's earnings estimates for the first quarter of this year have been revised upward from previous estimates.
Park Kang-ho, a researcher at Daishin Securities, stated, "We estimate sales of 129.4 billion KRW and operating profit of 9.5 billion KRW for the first quarter of this year," adding, "These figures represent upward revisions of 5.8% and 14.2%, respectively, compared to previous estimates." He continued, "Digitizer sales increased due to strong sales of Samsung Electronics' Galaxy S24 Ultra," and added, "We expect performance improvements to continue from the second quarter onward."
He analyzed, "The early supply of digitizers for the Galaxy Z Fold6 and the launch of Galaxy Ring will maintain a favorable performance trend," and "We expect to supply rigid PCB for Samsung Electronics' Galaxy Ring and extended reality (XR) devices." Furthermore, he predicted, "Although the initial sales volume is small, profitability will improve due to a high average selling price (ASP)."
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