April 19, 2024
Stocks & Bonds
[EQUITIES] ‘Vessel to benefit from Chinese investments in display’
[THE INVESTOR] Vessel could continue to gain from Chinese investments in the display sector, said Kiwoom Securities on March 24.
It is a small but strong company that specializes in LCD in-line system and aviation, and the market leader in China’s display in-line system manufacturing, according to analyst Kim Ji-san.
It will directly benefit from Chinese investments in LCD and OLED, and its 2017 revenue will surge 78 percent on-year to 78.3 billion won (US$69.75 million). Its operating profit will rise 372 percent to 10.4 billion won, forecast the analyst.
As Chinese display manufacturers are investing in 10th generation large displays, orders for in-line systems are on the rise as well, and its processing equipment revenue will rise, noted Kim.
Vessel also is on the verge of producing light aircraft, and the demand in Asia has been on a steady rise. In the mid- to long-term, the business sector could become another axis of growth, added the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
It is a small but strong company that specializes in LCD in-line system and aviation, and the market leader in China’s display in-line system manufacturing, according to analyst Kim Ji-san.
It will directly benefit from Chinese investments in LCD and OLED, and its 2017 revenue will surge 78 percent on-year to 78.3 billion won (US$69.75 million). Its operating profit will rise 372 percent to 10.4 billion won, forecast the analyst.
As Chinese display manufacturers are investing in 10th generation large displays, orders for in-line systems are on the rise as well, and its processing equipment revenue will rise, noted Kim.
Vessel also is on the verge of producing light aircraft, and the demand in Asia has been on a steady rise. In the mid- to long-term, the business sector could become another axis of growth, added the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
