[Featured Stock] HD Hyundai Heavy Industries, Subsidiary HD Hyundai Samho Shows Improvement, Up 3%

The stock price of HD Korea Shipbuilding & Offshore Engineering is on the rise. The profit improvement of its subsidiary, HD Hyundai Samho, appears to be influencing the stock price.

At 10:25 AM on the 26th, HD Korea Shipbuilding & Offshore Engineering was trading at 131,600 KRW, up 3.38% from the previous day. During the session, it rose to 131,800 KRW, marking a 52-week high.

Han Seung-han, a researcher at SK Securities, explained, "We need to focus on the improvement trend of HD Hyundai Samho. Even after excluding the one-time reversal of 26 billion KRW this quarter, the ordinary profit margin showed an impressive 9.4% construction margin."

He added, "This current trend is expected to continue through the second half of the year, with HD Hyundai Samho leading the company's overall profit improvement. Since strong gas carrier inquiries from global shipowners continue to be confirmed, achieving excess orders should not be difficult." Furthermore, he noted, "With the gradual increase in the proportion of high-priced shipbuilding, conviction in the momentum for improving shipbuilding stocks' performance is expected to become even stronger."