[Featured Stock] Unid Rises 8% on Expectations of Significant Profit Growth This Year

Unid's stock price is on the rise. Expectations of significant profit growth this year appear to be influencing the stock price.

At 10:23 a.m. on the 25th, Unid was trading at 95,400 KRW, up 8.53% from the previous day, marking a 52-week high.

Yoon Ju-yin, a researcher at Hi Investment & Securities, stated, "The chlorinated paraffin wax (CPs) project, scheduled for completion in the second half of this year, and the expansion of electrolytic cells will have positive effects." She added, "Based on the emergence of mid- to long-term new demand sources such as carbon capture and storage (CCS) and securing new growth engines like all-solid-state electrolytes, a premium multiple is applied," setting a target price of 120,000 KRW.

Researcher Jeon judged Unid as one of the few companies in the petrochemical sector expected to achieve significant profit growth. He said, "Annual demand expansion for potassium hydroxide for global agriculture and food use is expected not only in China and India but also in Europe and South America," adding, "Attention should be paid to the trend of operating profit improvement due to the reduction of losses at the Chinese subsidiary following the commercialization of CPs in the second half of the year."