0609 GMT - BH's earnings may be pressured this year by a fixed-cost burden and low utilization rates at its newly invested information-technology organic light-emitting diode production line, Nomura analysts Eon Hwang and Heesoo Min write in a note. They lower their 2025 operating-profit forecast for the South Korean supplier of flexible printed circuit boards and other parts for Apple products by 21%. They, however, expect BH to improve from 2H and grow strongly in 2026, possibly driven by a wider adoption of OLED panels for more iPads and Macbooks. Nomura cuts the stock's target price by 18% to KRW18,000 but keeps a buy rating. Shares are 1.9% higher at KRW15,750.(kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 01:09 ET (06:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。