Live Breaking News & Updates on Dongsung Finetec|Page 3
Stay updated with breaking news from Dongsung finetec. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ The Global Industrial Insulation Market is Segmented by Type (Plastic Foam, Aerogel, Wool Insulation), by Application (Industrial Building. ....
Sales growth continues at Dongsung Finetec, with order backlog rising by 3.3x over the past four years. Backed by ongoing benefits from strengthened environmental regulations and hydrogen industry expansion, the firm should enjoy record-breaking earnings in 2022 and a turn to net cash in 2023. Helped by continued sales growth, record-high earnings expected in 2022 . ....
Dongsung Finetec: LNG Carrier Order Recovery from 2H20 + Numerous 2021F LNG Carrier Orders Dongsung Finetec’s order backlog is to surge in 2021 on rising orders for LNG carriers. It should enjoy record-high OP in 2022, and CBs-related dilution risk is easing. Boding well for long-term earnings are planned new projects such as high-efficiency liquefied hydrogen storage facilities. Upgrade rating to Buy; adjust 2021F target P/E from 10.1x to 14x We raise our TP on Dongsung Finetec from W9,100 to W13,500 and upgrade from Hold to Buy, reflecting an adjustment in our 2021F target P/E (10.1x → 14x, the average P/E level for the machinery sector). Our EPS calculations take into account convertible bonds (CBs)-related dilution effects. ....