[Korea goyounghun financial newspaper reporter] Shinhan Investment has to continue, saying that air cargo robust for the air for 12 days had raised the target price to BUY with 36,000 won.
1Q11 earnings of airline revenue 2.9 trillion won, and operating profit was in line with market expectations, with 210.1 billion won net profit was also assessed that the expected turnaround 623.7 billion won.
Bakgwangrae Shinhan Investment Research to "Cargo is expected to record sales of 612.7 billion won, up 9% compared to the same period last year," said that "with the increased demand is expected to reduce the supply will increase 8.7% in freight ton kilometers (FTK)" projected did.
Park researchers predicted that "will affect air cargo demand and oil prices continue to freight earnings improvement by the end of the year."
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Wednesday, April 12, 2017
Korean Air Cargo robust performance continued ... Goal ↑ - Shinhan Investment Corp.
