[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."
Hot Picks Today
"Is This Serious? Should I Go Back to Korea?"... New U.S. Internship Guidelines Put International Students on Edge
- "10 Billion Won for Married Employee Couples?" Flood of Questions... An Inside Look at Samsung Electronics' 1.5% Annual Home Loan Up to 500 Million Won
- "Extraordinary Nomination After Only 8 Months as Vice Minister... Who Is Hong Jisun, the First Local Civil Service Exam Pass-Holder Nominated as Land Minister? [Profile]"
- "My Salary Stays the Same, But Food Costs Keep Rising"... Hesitating to Cook Squid Stir-Fry and Grilled Mackerel
- Actress Runs 100km Marathon in Sweltering Heat for Daughter With Rare Disease... TV Show Faces Criticism for "Enforced Emotion" [Sunday Culture]
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."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.