[Featured Stock] Daehan Cable Rises on Optimism for New Project Performance

Daehan Cable is showing early strength in the market amid expectations for new project achievements.

As of 10:21 AM on the 16th, Daehan Cable is trading on the KOSPI market at 14,000 KRW, up 650 KRW (4.87%) from the previous close.

Daehan Cable started the day at 13,580 KRW and expanded its gains during the session, reaching a high of 14,440 KRW. It has since given up some of the gains.

NH Investment & Securities analyzed in a report today that there are high expectations for orders and performance in 2025. They also estimated an upside potential of 27.3% for the stock price.

Daehan Cable's operating profit for 2025 is estimated to reach 142 billion KRW, a 24% increase compared to the same period last year. It is expected that from the second half of this year, the company will experience both top-line growth and profit improvement by undertaking highly profitable projects.

On the same day, Lee Min-jae, a researcher at NH Investment & Securities, stated, "We estimate that new orders for major projects in the fourth quarter alone amount to 1.2 trillion KRW, which is higher than in the third quarter. This indicates that the company is benefiting equally as its domestic and international competitors."

He added, "Considering the upcoming replacement cycle of aging infrastructure, the expansion of renewable energy, investments in data centers in North America, and reshoring in manufacturing, the increasing power demand will continue to benefit the company this year as well."