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[Featured Stock] BHI Hits 52-Week High... "Global LNG Industry Growth Expectations"

BHI is showing strong performance in the early trading session on the 22nd. This is interpreted as reflecting expectations that the inauguration of the Donald Trump administration in the United States will create a favorable environment for the domestic and international LNG (liquefied natural gas) industry, leading to an expansion of the company's orders.


As of 9:15 AM on the day, BHI's stock price was trading at 20,700 KRW, up 12.26% from the previous session, hitting a 52-week high.


With global infrastructure investment for LNG power generation expanding, the LNG market in the United States, where a new government has taken office, is also expected to grow rapidly. In response, BHI announced that it is strengthening its North American sales activities centered on its local subsidiary 'BHI-FW' as of the previous day.


Kim Taehyun, a researcher at IBK Investment & Securities, analyzed, "The fourth-quarter performance last year is expected to generally meet market expectations, and the HRSG (heat recovery steam generator) segment is also expected to continue its growth trend this year." He added, "Due to revenue recognition from the Saudi project ordered in the first half of last year, sales in the HRSG segment (74.7 billion KRW) increased significantly by 226.8% compared to the same period last year, which likely drove overall company growth."


BHI's consolidated sales for the fourth quarter are expected to increase by 46.5% year-on-year to 118.8 billion KRW, while operating profit is expected to decrease by 18.7% to 9.1 billion KRW. The total order amount for 2024 is projected to increase by 35% from the previous year, reaching 1.48 trillion KRW.

[Featured Stock] BHI Hits 52-Week High... "Global LNG Industry Growth Expectations"


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