Hyundai Rotem continued its upward trend for the fourth consecutive day, reaching a 52-week high during trading.
As of 9:12 AM on the 7th, Hyundai Rotem is trading at 79,500 KRW, up 8,000 KRW (11.19%) from the previous day. During trading, it rose to 80,100 KRW, setting a new 52-week high.
Last year's surprise earnings appear to have driven the stock price higher. On the previous day, Hyundai Rotem announced that its provisional results for last year showed sales of 4.3766 trillion KRW and operating profit of 456.6 billion KRW. These figures represent increases of 22% and 117.4%, respectively, compared to the same period last year. This is the first time Hyundai Rotem's annual sales have exceeded 4 trillion KRW.
In the securities industry, there are forecasts that operating profit will exceed 1 trillion KRW this year. On this day, Hana Securities projected Hyundai Rotem's 2025 annual results to be sales of 6.3283 trillion KRW and operating profit of 1.0197 trillion KRW. Hana Securities researcher Wi Kyung-jae said, "Although a base has been established over the past 2-3 quarters regarding the high export profitability of domestic defense, even with a conservative approach, Hyundai Rotem's operating profit is expected to surpass 1 trillion KRW this year."
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