[Special Stock] Permtek Korea, Increasing Overseas Client Orders... "Driving Growth"

Pumtec Korea is on the rise. It is interpreted that the analysis by securities firms, which expects growth due to an increase in orders from overseas clients, has had an impact.

As of 10:13 AM on the 23rd, Pumtec Korea was trading at 46,350 KRW, up 900 KRW (1.98%) compared to the previous trading day.

Hanwha Investment & Securities forecasted that Pumtec Korea's consolidated sales for the fourth quarter of last year would be 89.9 billion KRW, and operating profit would be 12.9 billion KRW, representing increases of 23.6% and 57.2% respectively compared to the same period last year. Han Yujeong, a researcher at Hanwha Investment & Securities, said, "If the year-end performance bonus had not been reflected, this would still be the largest quarterly performance, far exceeding the already high consensus operating profit of 12.3 billion KRW."

The researcher added, "Sales to domestic clients other than the Big 2 in 2024 are estimated to exceed 200 billion KRW for the first time, reaching 211.3 billion KRW, expanding the sales ratio to 62.6%. In the mid to long term, sales to overseas clients are expected to drive growth. There is a growing trend of production requests from large and medium-sized indie brand companies overseas, centered on Korea’s cushions and sticks, which have made waves in the global cosmetics markets such as the United States and Japan."

He emphasized, "The activities of the U.S. sales office established in September 2024 have also begun in earnest. The proportion of overseas sales is expected to expand from the short-term bottom of 21% in 2024, achieving regional diversification."