[Click eStock] "KH Vatec Enters Growth Trajectory with Automotive Electronic Components"

On the 26th, IBK Investment & Securities analyzed that KH Vatec has re-entered a growth trajectory.

Kim Unho, a researcher at IBK Investment & Securities, explained, "KH Vatec recently reflected expectations for hinge seasonality and growth in its stock price," adding, "The current stock price is significantly underperforming." He continued, "This year, growth in IDC and automotive parts will lead performance improvement rather than hinges," and added, "As of the end of the first quarter this year, the order amount for automotive parts is around 1.4 trillion KRW."

He stated, "Annual sales of about 100 billion KRW are expected," and predicted, "Since additional platforms are expected, the order and annual sales scale will

grow steadily."

It is estimated that KH Vatec will achieve sales of 391.6 billion KRW and an operating profit of 32.5 billion KRW this year, representing increases of 25.9% and 58.4%, respectively, compared to last year.