[Featured Stock] Concerns Over 'Trumpnomics'... Kumho Petrochemical Down 7.92%
The stock price of Kumho Petrochemical, whose earnings rebound next year is expected to be limited due to the influence of 'Trumponomics' (the economic policy of the Trump administration), is weak.
As of 9:52 a.m. on the 8th, Kumho Petrochemical was trading at 125,500 won, down 10,800 won (7.92%) from the previous trading day.
On this day, Hwang Kyu-won, a researcher at Yuanta Securities, maintained a target price of 150,000 won and a neutral investment opinion on Kumho Petrochemical, stating, "The earnings rebound next year is expected to be limited."
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Researcher Hwang said, "If the new Trump administration's policies of lowering oil prices and raising tariffs proceed, there is a risk of exposure to a decline in electricity rates (reduced power plant profits) and decreased demand for automobile tire rubber." He added, "Next year's expected earnings are sales of 7.1 trillion won, operating profit of 329.8 billion won (operating profit margin of 4.6%), and net income attributable to controlling shareholders of 341.5 billion won. Operating performance is expected to stagnate from this year's 309.8 billion won."
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