[Click eStock] "MRO, Growth Expected Based on Large Corporation References"

Kiwoom Securities evaluated that Emro, the No.1 AI-based supply chain management software company in Korea, is expected to achieve significant growth next year based on the recently announced project order worth 49.4 billion KRW for Samsung Electronics and its overseas performance.

Kim Hak-jun, a researcher at Kiwoom Securities, analyzed, "The 49.4 billion KRW project for Samsung Electronics announced by Emro on the 31st of last month is expected to expand to related affiliates, serving as a long-term cash cow basis for Emro." He added, "Since global large corporations are accumulating references not only for the SRM solution but also for AI functions, this will be a favorable evaluation factor in future overseas company bids."

He also analyzed, "Next year, when the release of the SMARTsuite 10.0 version of the procurement supply chain management software, the increase in captive sales to Samsung Electronics, and the results from overseas contracts are combined, significant growth is expected." Furthermore, he stated, "This year’s sales are forecasted to increase by 25.1% year-on-year to 79 billion KRW, and operating profit is expected to increase by 22.3% to 5.7 billion KRW."