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[Market Focus] Sunic System Rises on Forecast of 900% Surge in Q4 Operating Profit

[Market Focus] Sunic System Rises on Forecast of 900% Surge in Q4 Operating Profit

Sunic System is showing strong performance. This is believed to be influenced by analysts' expectations of robust earnings.


As of 2:44 p.m. on January 22, Sunic System was trading at 58,300 won, up 6.19% from the previous day.


Yang Seungsoo, a researcher at Meritz Securities, analyzed, "Sunic System's consolidated earnings for the fourth quarter of last year are expected to reach 199.1 billion won in revenue and 32 billion won in operating profit, representing increases of 395.9% and 904.5%, respectively, compared to the same period last year. These figures are projected to exceed market consensus by 26% and 15.3%, respectively."


He further stated, "This year's results are forecasted at 485.5 billion won in revenue and 100 billion won in operating profit. While revenue is expected to show a slight decline, operating profit should increase due to the learning effect from repeated production, which is characteristic of the equipment industry, and improvements in cost structure."


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