While we predict rising raw material price and weakening IDR will still continue this year, strong sales contribution from Pinehill succeeded in boosting sales and margin in 4Q20. Thus, we maintain BUY recommendation.
Download full report HERE.
While we predict rising raw material price and weakening IDR will still continue this year, strong sales contribution from Pinehill succeeded in boosting sales and margin in 4Q20. Thus, we maintain BUY recommendation.
Download full report HERE.
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