[Featured Stock] S-Oil Rises on Expectations of Profit Normalization

S-Oil is showing strength. This appears to be influenced by expectations of profit normalization due to improved refining margins and rising exchange rates.

As of 10:05 AM on the 9th, S-Oil is trading at 61,800 KRW, up 4.39% from the previous close.

Yoon Jaesung, a researcher at Hana Securities, stated, "Considering the industry improvement, potential for growth in scale and dividends, and the price-to-book ratio (PBR) that has fallen to historically low levels, this is a time for active buying. We expect a recovery in the refining industry this year, a relative cost advantage of the Shahin project by mid-next year, and significant growth in scale and valuation reappraisal following full operation in 2027."