[Alpha Biz=(Chicago) Reporter Paul Lee] Korea Investment & Securities predicted on the 21st that strong overseas order momentum for LIG Nex1 will lead to improved appearance and profitability. The target stock price was 158,000 won, and investment opinion was maintained 'buy'.

As of the fourth quarter of last year, LIG Nex1's order backlog of KRW 19.6 trillion is recognized as sales and its performance will continue to improve. Korea Investment & Securities predicted that the proportion of overseas sales of LIG Nex1, which accounted for 15.5% in 2023, will rise to 27.9% this year and 32.7% next year, leading to improved appearance and profitability.

LIG Nex1 continues to demand weapons systems in the Middle East, Europe, Asia, and Africa.

 

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