Most Popular
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Man arrested 16 years after murdering girlfriend, hiding body in cement
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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![[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050497_0.jpg&u=)
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[Exclusive] Democratic Party of Korea forms US election task force
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[Grace Kao] NewJeans fights Hybe for their survival
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NK nuclear test 'possible' around US election in Nov., says Yoon aide
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[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
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What will Yoon, Han talk about at dinner?
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[EQUITIES] HI Investment & Securities forecasts 17.1% rise in Hyundai Glovis’ Q2 earnings
By Korea HeraldPublished : July 12, 2016 - 11:27
[THE INVESTOR] HI Investment & Securities forecast on July 12 that Hyundai Glovis will post a 17.1 percent on-year increase in its second-quarter operating profit to reach 185.8 billion won (US$ 161.36 million).
“Most divisions, with the exception of the pure car carrier business, are expected to achieve external growth, especially on the back of stabilizing raw material prices,” the brokerage said in a report.
It added that Hyundai Glovis shares are undervalued considering its 10.3 price-earnings ratio is below the 19.1 average for local logistics firms.
By Kim Ji-hyun (jemmie@heraldcorp.com)
“Most divisions, with the exception of the pure car carrier business, are expected to achieve external growth, especially on the back of stabilizing raw material prices,” the brokerage said in a report.
It added that Hyundai Glovis shares are undervalued considering its 10.3 price-earnings ratio is below the 19.1 average for local logistics firms.
By Kim Ji-hyun (jemmie@heraldcorp.com)
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Articles by Korea Herald
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