[Featured Stock] Hyosung Heavy Industries Rises 5% on Expectations for Power Infrastructure-Related Earnings

Hyosung Heavy Industries' stock price is on the rise. Expectations that the heavy industry sector related to power infrastructure will lead the earnings seem to be influencing the stock price.

As of 9:49 AM on the 10th, Hyosung Heavy Industries is trading at 390,000 KRW, up 5.12% compared to the previous trading day.

Lee Sang-hyun, a researcher at BNK Investment & Securities, said, "The increase in global power demand and the expansion of power infrastructure investment will drive strong performance in the heavy industry sector. In particular, reshoring in the North American market and increased power demand due to investments in AI-related data centers are leading to a boom in power equipment. As a result, the US production subsidiary is expected to turn a quarterly profit and also achieve an annual profit turnaround." He added, "Additionally, the profit contributions from the China and India subsidiaries are also increasing."

In the second half of the year, the possibility of capacity expansion is expected to become clearer. The researcher forecasted, "Currently, we are reviewing the expansion of power equipment, and an investment decision related to the expansion is expected to be made around the second half of the year."