[Click eStock] "G&Bs Eco, High Growth Driven by Advanced Technology"

NH Investment & Securities forecasted on the 17th that GNBs Eco's sales and operating profit will surge this year.

GNBs Eco is an eco-friendly equipment company that mainly produces plasma scrubbers, which purify harmful substances generated during manufacturing processes.

Sim Eui-seop, a researcher at NH Investment & Securities, explained, "The main product, plasma scrubbers, operate at higher heating temperatures compared to conventional methods, allowing them to process a wider variety of gases," adding, "They also have a higher processing capacity, making them recognized as next-generation scrubbers." He further stated, "Moreover, based on core technologies for plasma and powder collection, they are developing wastewater-free scrubbers and are currently penetrating the market."

Researcher Sim analyzed, "Sales to the semiconductor sector continue stable growth due to the resumption of investments and expansion of new customers," and "Sales to Chinese customers, who are increasing semiconductor investments, are also rising."

He said, "Sales to the solar power sector, which were sluggish last year, are expected to see significant performance improvements this year due to increased investments following the Indian government's solar industry support policies and the expansion of solar power capacity in the United States."

Additionally, he explained, "They are expected to achieve record-high performance this year," and "Sales are estimated to reach 120 billion KRW, with operating profit of 23 billion KRW."