[Market Focus] Dalba Global Rises on Expectations of Record Quarterly Results

Dalba Global is showing strong performance. Securities firms' analysis that the company likely achieved record results in the second quarter of this year appears to be influencing its stock price.

As of 9:35 a.m. on July 8, Dalba Global was trading at 208,500 won, up 6.87% from the previous day.

Hana Securities estimated that Dalba Global recorded consolidated sales of 140 billion won and operating profit of 41.1 billion won in the second quarter of this year. These figures represent increases of 91% and 134%, respectively, compared to the same period last year.

Park Eunjeong, a researcher at Hana Securities, explained, "The company's core markets in Japan, Russia, and North America are still in the early stages of expansion," and added, "We believe Dalba Global has entered a full-fledged sales expansion cycle." She continued, "Profitability in each region is also improving year-on-year in line with top-line growth," and noted, "In the first half of this year, most regions have experienced top-line growth, mainly driven by online channels."

She further analyzed, "In the second half of this year, the company will expand offline into its key markets," and added, "Dalba Global is positioning ASEAN and Europe as its next-generation growth regions."

Hana Securities projected that Dalba Global will achieve annual sales of 560 billion won and operating profit of 150 billion won this year. These figures represent increases of 83% and 152%, respectively, compared to last year.