External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives.

External broker reports(aggregated public sources)

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives

Equity Bottom-Up

<ul><li>For 4Q25, Hyundai Glovis reported revenue of W7.47tr (+2.5% YoY) and operating profit of W508.2bn (+11% YoY).</li><li>While the results came in slightly below the consensus, the company maintained solid double-digit operating profit growth.</li><li>Net profit jumped 356% YoY to W440.7bn, supported by higher FX gains due to currency movements and a favorable base stemming from equity-method losses recorded in 4Q24.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

For 4Q25, Hyundai Glovis reported revenue of W7.47tr (+2.5% YoY) and operating profit of W508.2bn (+11% YoY).While the results came in slightly below the consensus, the company maintained solid double-digit operating profit growth.Net profit jumped 356% YoY to W440.7bn, supported by higher FX gains due to currency movements and a favorable base stemming from equity-method losses recorded in 4Q24.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hyundai Glovis (086280 KS/Buy)A Growing List of Premium Factors