[Featured Stock] Overseas Business Expectations... Pulmuone Hits New High

Pulmuone's stock price is strong on optimistic expectations that its overseas business will turn profitable this year.

As of 9:20 a.m. on the 26th, Pulmuone is trading at 18,250 won, up 1,460 won (8.70%) from the previous trading day. During the session, it rose to 18,950 won, setting a new 52-week high.

Last year, Pulmuone surpassed 3 trillion won in sales for the first time in its history. In addition, investor sentiment is focused on the expectation that its overseas business will turn profitable this year. Pulmuone's stock price surged 56.16% over the past month until the previous day.

Pulmuone is also expected to achieve good performance this year. Hana Securities projected Pulmuone's consolidated sales for this year at 3.4145 trillion won and operating profit at 109.3 billion won. These figures represent increases of 6.2% and 18.7%, respectively, compared to the same period last year.

Sim Eun-joo, a researcher at Hana Securities, explained, "The combined profit and loss of overseas subsidiaries is expected to turn profitable from -6.4 billion won in 2024 to 5 billion won this year," adding, "In the U.S., the expansion of local production of Asian food is expected to have a positive impact on profitability, and in Japan, the effect of portfolio restructuring centered on 'Dubu Bar' is expected to become visible."