[Special Stock] i3System Expected to Grow with Expansion of 8 Micro Pitch Products
i3System is showing strong performance. Securities firms' analysis that earnings will improve through expansion investments seems to be influencing the stock price.
As of 10:50 AM on the 30th, i3System is trading at 44,050 KRW, up 4.14% from the previous day.
Baek Joon-gi, a researcher at NH Investment & Securities, explained, "Domestic defense sales this year are expected to be similar to last year," adding, "The third mass production of the medium-range guided missile (Hyeongung) is nearing completion, and the production schedule for the Light Armed Helicopter (LAH) is delayed compared to expectations." He continued, "A positive earnings environment is continuing through the first quarter of this year," and added, "Sales and operating profit are expected to increase by 6.4% and 29.9%, respectively, in the first quarter."
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i3System possesses cooled infrared imaging sensor technology. To secure a technological gap, it is expanding production capacity for uncooled 8-micropitch products. Researcher Baek analyzed, "The 8-micropitch products are priced higher than existing products," and stated, "Through expansion, the product portfolio, which is mainly cooled products, can be extended to include uncooled products as well."
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