어플

eBEST Investment & Securities predicted that "LG Innotek's first-quarter earnings market will exceed expectations."

Business / Paul Lee / 03/20/2024 03:58 AM

LG이노텍 공장 전경. (사진=LG이노텍)

 

eBEST Investment & Securities expects LG Innotek's first-quarter earnings to exceed market expectations.

eBEST Investment & Securities estimated LG Innotek's first-quarter operating profit at 140.9 billion won on the 19th. This is more than the existing market estimate of 100 billion won. Researcher Kim predicted LG Innotek's first-quarter sales to be 4.6 trillion won, up 4.3 percent from a year earlier. He then diagnosed LG Innotek's annual sales of 21.4 trillion won this year, up 4.1 percent from a year earlier. Operating profit is expected to rise 10% year-on-year to 914.5 billion won.

"We expect an increase in ASP (average sales unit price) as the portion of iPhone Pro models increases and we continue to raise camera specifications," said eBEST Investment & Securities Co. "Profitability will improve due to investment in expanding our plant in Vietnam."

 

AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)

Related articles

[Exclusive] Samsung Electronics to Supply HBM3E 12-High Stacks to NVIDIA
DL E&C Executives Resign En Masse Following Fatal Construction Site Accident
POSCO Future M Terminates KRW 945 Billion ESS Cathode Material Supply Contract, Signs New LFP Partnership with CNGR
Hahn & Company Selects TKG Taekwang as Preferred Bidder for Sale of Semiconductor Parts Maker Solmix
Hyundai Motor Group Bolsters SDV and Autonomous Driving Capabilities with KRW 500.3 Billion Investment in 42dot
comments >

SNS