April 20, 2024
Stocks & Bonds
[EQUITIES] ‘CJ CheilJedang’s earnings improve in Q4’
[THE INVESTOR]
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Its operating profit hiked 23.7 percent on-year to 194.0 billion won, estimated analyst Baek Un-mok.
Its three key categories this year will be bio, home meal replacements and processed food for overseas market, noted the analyst, adding that there are a number of favorable factors that will help it gain momentum.
CJ is also undervalued compared to its global peers, according to Baek.
By Hwang You-mee (glamazon@heraldcorp.com)
