IBK Investment & Securities said, "Emro, overseas expansion next year ... Synergy with Samsung SDS"
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hoondork1977@alphabiz.co.kr | 2023-11-22 01:40:10
[Alpha Biz=(Chicago) Reporter Paul Lee] As Emro, South Korea's No. 1 AI-based supply chain management software company, begins its overseas expansion next year, it is expected to grow by more than 10%.
cumulative sales rose 4.1% year-on-year to 45.8 billion won in the third and fourth quarters of this year due to increased demand for the introduction of supply chain management software due to the prolonged Russia war and the expansion of global supply chain risks in the Middle East," IBK Investment & Securities said in a report on the 21st. "However, profitability fell due to the expansion of investment in next year's entry into overseas markets and the development of global supply chain management (SCM) SaaS platforms."
IBK Investment & Securities is also currently working with Samsung SDS and US Supply Chain Plan (SCP) platform company o9 Solutions to focus on global integrated SCM platform development and pre-marketing (pre-marketing) to be released in the first half of next year, and its operating margin ratio is expected to improve as it will enter overseas markets in earnest and expand its technology-based (license, royalty and cloud) business next year.
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