HD Korea Shipbuilding's 2H Earnings Likely to Improve -- Market Talk

Dow Jones
2025/05/23

0446 GMT - HD Korea Shipbuilding & Offshore Engineering's 2H earnings are likely to improve on higher-end contract wins, Kiwoom Securities analyst Lee Han-gyeol writes in a note. Lee expects the South Korean shipbuilder to secure strong orders from clients for LNG carriers in 2H, thanks to the U.S. plan to resume LNG exports. He forecasts the company to meet its 2025 new-contract target of $16.2B without difficulty. South Korean shipyards are also enjoying a 5%-10% premium to global contract prices in the wake of new U.S. restrictions on Chinese shipbuilders, he adds. Kiwoom raises the stock's target by 20% to KRW347,000 and keeps a buy rating. Shares are 0.2% lower at KRW287,500. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

May 23, 2025 00:46 ET (04:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10