[Featured Stock] Jinus, Revaluation Expectations Rise with Earnings Turnaround '↑'

Jinus is on the rise. It appears that securities firms' analysis expecting performance improvement from the second half of this year has had an impact.

As of 10:22 AM on the 27th, Jinus was trading at 18,270 KRW, up 270 KRW (1.50%) compared to the previous trading day.

Jongryeol Park, a researcher at Heungkuk Securities, said, "Although Jinus recorded a poor performance with an operating loss of 33 billion KRW in the first half of this year, it is expected to turn a profit in the second half. The stock price decline due to poor performance will be overcome, and the trend of stock price revaluation along with performance improvement is likely to continue."

He forecasted that Jinus will record sales of 237.9 billion KRW and an operating profit of 4.4 billion KRW in the third quarter, representing increases of 7.4% and 37.7% respectively compared to the same period last year.

Researcher Park added, "Inefficient SKUs (Stock Keeping Units) have been reduced by stopping the production of loss-making SKUs, warehouses have been optimized, and from May, the issue of customer companies' inventory reduction policies has been resolved as their orders normalized. Additionally, the recovery of price competitiveness due to strong sales of small boxes is also a positive factor."