[Special Stock] "Overseas Orders in Full Swing"... HF Rises Over 12%

The stock price of HFCL, a telecommunications equipment company expected to see performance growth due to the recovery of the telecommunications equipment market and the start of overseas orders, is showing strength.

As of 10:36 AM on the 11th, HFCL was trading at 14,230 KRW, up 1,540 KRW (12.14%) from the previous trading day.

Jiwoo Baek, a researcher at Shinhan Investment Corp., evaluated HFCL, stating, "We expect positive effects from the resumption of U.S. front-haul orders (devices that transmit wireless data signals collected at base stations to central units) next year, as well as increased overseas sales including Japan."

Next year, HFCL's sales are projected to increase by 47% from this year to 246.7 billion KRW, and operating profit is expected to reach 24.4 billion KRW (turning profitable). Researcher Baek added, "We are seeing signs of investment recovery in the telecommunications equipment sector, including increased sales from client companies, completion and full-scale installation of Open RAN development, and recovery of global telecommunications equipment stocks. The full-scale resumption of large-scale orders due to clients' adoption of Open RAN marks the beginning of a significant stock price rebound."