Doosan Corp. Likely to Post Steady On-Quarter Operating-Profit Growth in 2Q -- Market Talk

Dow Jones06-15

0557 GMT - Doosan Corp. is likely to post steady on-quarter operating-profit growth in 2Q thanks to new products and copper-clad-laminate price increases, CGS International's Yonghwan Lee says in a research report. Its electro-materials division's earnings should be strong, led by continued growth in network board CCL sales on increased global server shipments, the analyst says. Its biggest end-customer's next-generation server platforms are expected to drive CCL content growth per rack, which should lead to steady quarterly earnings growth in the company's electro-materials division over 2026-2027. The brokerage maintains the stock's add rating, but raises the target price to 2,800,000 won from 2,400,00 won to reflect the company's clearer growth path. Shares are 9.9% lower at 1,709,000 won. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 15, 2026 01:57 ET (05:57 GMT)

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Its biggest end-customer's next-generation server platforms are expected to drive CCL content growth per rack, which should lead to steady quarterly earnings growth in the company's electro-materials division over 2026-2027. The brokerage maintains the stock's add rating, but raises the target price to 2,800,000 won from 2,400,00 won to reflect the company's clearer growth path. Shares are 9.9% lower at 1,709,000 won. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 01:57 ET (05:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Doosan Corp. 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Likely to Post Steady On-Quarter Operating-Profit Growth in 2Q -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-15 13:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0557 GMT - Doosan Corp. is likely to post steady on-quarter operating-profit growth in 2Q thanks to new products and copper-clad-laminate price increases, CGS International's Yonghwan Lee says in a research report. Its electro-materials division's earnings should be strong, led by continued growth in network board CCL sales on increased global server shipments, the analyst says. Its biggest end-customer's next-generation server platforms are expected to drive CCL content growth per rack, which should lead to steady quarterly earnings growth in the company's electro-materials division over 2026-2027. The brokerage maintains the stock's add rating, but raises the target price to 2,800,000 won from 2,400,00 won to reflect the company's clearer growth path. Shares are 9.9% lower at 1,709,000 won. 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