[Featured Stock] "HD Hyundai Marine Solutions, Stock Rises on Earnings and Shareholder Return Expectations"
On the 25th, HD Hyundai Marine Solutions showed a sharp rise in stock price in the stock market due to expectations of improved earnings and shareholder returns.
As of 2:45 PM on the same day, HD Hyundai Marine Solutions was trading at 134,200 KRW, up 6.00% from the previous day's closing price. The stock price started rising from the market opening and continued to expand its gains throughout the trading session.
HD Hyundai Marine Solutions announced that it achieved sales of 461.3 billion KRW and an operating profit of 83.4 billion KRW in the third quarter of this year. This represents an increase of 28.6% in sales and 66.1% in operating profit compared to the same period last year.
This significantly exceeded market expectations and is regarded as an earnings surprise. The proportion of highly profitable D/F (Dual Fuel) engines among ship engines expanded, greatly improving the operating profit margin of the core business.
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HD Hyundai Marine Solutions is also expected to announce a plan to enhance corporate value (value-up) soon. Expectations are growing for improved profitability along with increased dividends.
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