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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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[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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Hyundai Investment Securities projects 26.6% decline in Hyundai Wia’s Q2 earnings
By Korea HeraldPublished : July 12, 2016 - 16:22
[THE INVESTOR] HMC Investment Securities has forecast that machinery maker Hyundai Wia will suffer a 26.6 percent decrease in its second quarter operating profit at 97.4 billion won (US$ 84.59 million).
Sales are also expected to decline, by 1.1 percent to 1.98 trillion won, the brokerage said. Both figures are below market estimates.
However, Hyundai Investment said that sales would recover in the latter half of the year.
The brokerage lowered its target price on Hyundai Wia shares to 130,000 won from the current 145,000 won.
By Kim Ji-hyun (jemmie@heraldcorp.com)
Sales are also expected to decline, by 1.1 percent to 1.98 trillion won, the brokerage said. Both figures are below market estimates.
However, Hyundai Investment said that sales would recover in the latter half of the year.
The brokerage lowered its target price on Hyundai Wia shares to 130,000 won from the current 145,000 won.
By Kim Ji-hyun (jemmie@heraldcorp.com)
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Articles by Korea Herald
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