[Market Focus] Hyosung Heavy Industries Surges 7% on Earnings Improvement Expectations

On January 15, Hyosung Heavy Industries is showing strong performance on expectations of improved earnings.

As of 9:55 a.m. on this day, Hyosung Heavy Industries is trading at 2.29 million won, up 165,000 won (7.76%) from the previous trading day.

The upward revision of earnings estimates by securities firms appears to have had an impact.

Jang Namhyun, a researcher at Korea Investment & Securities, raised the target price for Hyosung Heavy Industries to 3 million won on this day.

Researcher Jang explained, "This is the result of raising the 2027 EPS estimate by 7.8% to reflect the faster growth in U.S. sales," adding, "It is understood that the company has exceeded its annual order target of 7 trillion won for 2025, and as the order backlog continues to expand, profit improvement is expected to continue beyond 2028."

He further stated, "The improvement in profit margin due to the rising proportion of U.S. sales will continue," and added, "From the third quarter, when the Changwon plant increases production for the U.S. market, the proportion of U.S. sales is expected to exceed 30%."