Hanwha Systems target price 15raised by ten-thousand won, securing order-growth drivers

Korea Investment & Securities 1raised its target price for Hanwha Systems on the day. It cited the securing of order-growth drivers as the reason for the increase. The report said the estimated operating profit growth rate was above the global peer average.

The target price changed from the previous 6ten-thousand8000won to 15ten-thousand won. The brokerage explained that the increase reflected the company's order status and quarterly earnings estimates. The report included qualitative grounds for the increase.

The report did not provide specific contract names or individual amounts in its text. It said details of the company's individual disclosures could be confirmed in separate filings. At the time of publication, no additional comments from the company were included in the text.

Korea Investment & Securities cited the expansion of its order portfolio as the key factor behind the upward revision. The report also states that operating profit estimates were adjusted. The brokerage said it recalculated its target price based on growth relative to industry peers.

The announcement of this report summarizes the brokerage’s research report. It recommends checking the original report and the company’s disclosures for specific figures relevant to investment decisions. The article1was prepared based on the announcement made on the day.

Hanwha Systems’ additional disclosures or company position were not included in the article. Investors should check both the brokerage report and the company’s disclosures. If relevant disclosures are released, the report’s assumptions and estimates may be revised.