[Market Focus] Dalba Global Rises 3.13% on Strengthening 'Global Premium' Position

The stock price of Dalba Global, which is actively targeting the global premium beauty market, is on the rise.

As of 11:38 a.m. on July 10, Dalba Global was trading at 230,500 won, up 7,000 won (3.13%) from the previous trading day.

On this day, Kiwoom Securities initiated coverage on Dalba Global with a "Buy" investment rating and a target price of 270,000 won. Jo Sojeong, a researcher at Kiwoom Securities, said, "Growth is expected due to a stable product portfolio, expansion of overseas channels, and the strengthening of its premium position in the global beauty market. This year, sales are projected to reach 485.3 billion won, up 57% year-on-year, and operating profit is expected to reach 127 billion won, up 112% year-on-year."

She added, "The company's flagship products are the 'Truffle First Spray Serum' (mist) and 'Waterful Sun Cream' (sun care product). These two products have seasonally opposite characteristics, which leads to steady demand throughout the year. Through the 2+1 strategy (two hit products plus regionally customized products), the company is maintaining stable growth. While mist and sun care products support core sales, products tailored to regional demand are driving additional demand, resulting in balanced growth across the entire portfolio."