NH Investment Securities es... > 경제기사 | economics

K9 self-propelled howitzers. photo = Hanwha Aerospace

[Alpha Biz=Chicago Reporter Paul Lee] NH Investment amp; Securities expected Hanwha Aerospaces earnings to grow significantly this year. The company maintained its investment opinion buy and raised its target price from 190,000 won to 220,000 won. Hanwha Aerospaces stock price is 181,100 won based on the previous trading days closing price.

NH Investment amp; Securities estimated Hanwha Aerospace sales at 10.8 trillion won and operating profit at 973 billion won this year. This is an increase of 15.5% and 38.1%, respectively, from the previous year.

"The factory price of Polish K2 tanks will increase from 40 units last year to more than 60 units this year, and the Polish Cheonmu MLRS to more than 30 units from 17 units during the same period," NH Investment amp; Securities said. "Due to the profitable increase in exports, the operating profit ratio will also increase from 7.5% to 9%," NH Investment amp; Securities said.

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/ 알파경제 Kim Jisun Reporter