[Featured Stock] Kumho Tire, Structural Rebound Expected with Improved Financial Ratios

Kumho Tire's stock price is on the rise. The sharp improvement in financial ratios this year is expected to lead to a structural rebound based on performance, which seems to be influencing the stock price.

As of 1:18 PM on the 11th, Kumho Tire is trading at 6,440 KRW, up 8.42% from the previous day.

Yoo Ji-woong, a researcher at Daol Investment & Securities, analyzed, "The expansion of the Vietnam Plant 2, which began operations in the fourth quarter of last year, is transitioning to full operation," adding, "The strong performance in the U.S. business is continuing, so a high growth rate is expected."

Kumho Tire launched Inobui, an electric vehicle (EV) dedicated tire, in March and has started sales targeting domestic and advanced countries. Researcher Yoo said, "We have secured Tesla, Audi, and Mercedes-Benz as key application brands," and added, "Furthermore, we are exploring the possibility of establishing a new factory in the Eastern European region."