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[Featured Stock] GS Geonseol Up 3.37% on 'Profit Recovery Expectations'

The stock price of GS Construction, which is expected to improve its profits, is on the rise. As of 10:03 AM on the 8th, GS Construction was trading at 18,410 KRW, up 600 KRW (3.37%) from the previous trading day.


[Featured Stock] GS Geonseol Up 3.37% on 'Profit Recovery Expectations'

On the same day, Hanwha Investment & Securities maintained a buy rating and a target price of 27,000 KRW for GS Construction, stating, "As a traditional leading stock in the housing sector within the construction industry, a flexible stock price rebound is expected depending on the recovery of the housing market and the speed of financial structure improvement."


Song Yurim, a researcher at Hanwha Investment & Securities, said, "This year's new orders will exceed the annual target of 13.3 trillion KRW due to strong performance in new businesses (Inima) and the plant sector," and "next year's earnings are expected to increase significantly due to improved housing margins, growth in plant sales, and revenue recognition from Vietnam."


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