Business · Markets · 2 hrs ago
APR shares fall as forecast points to weaker-than-expected third-quarter profit
APR shares fell sharply in Seoul on October 13 as investors reacted to a forecast of lower-than-expected third-quarter operating profit.
At 9:17 a.m., the shares were down 11.36% at 312,000 won, after falling as much as 16.9% earlier in the session.
The company’s shares had also fallen on the previous three trading days.
Shinhan Investment Corp.
forecast operating profit of 178.1 billion won, about 20 billion won below the market average estimate.
It expected revenue of 788.2 billion won, in line with the market forecast.
The analyst said growth in the United States and Europe was expected to support sales, but continuing logistics costs could weigh on profitability.
The figures are forecasts, and no later company results or next steps were given.
APR shares fell sharply in early trading on October 13 after an analyst forecast put third-quarter operating profit below market expectations.
Yonhap reported the shares were down 11.36% at 312,000 won at 9:17 a.m.
Chosun Ilbo reported a 14.91% decline to 299,500 won at 9:42 a.m.
Shinhan Investment Corp. forecast operating profit of 178.1 billion won, about 20 billion won below the market consensus.
The brokerage forecast revenue of 788.2 billion won, in line with consensus, while citing continued logistics costs as a drag on profitability.
- Who
- APR, the South Korean company whose shares fell.
- What
- Its shares dropped after a forecast said third-quarter operating profit would be below market expectations.
- When
- October 13, 2026; reports gave prices at 9:17 a.m. and 9:42 a.m. Korea time.
- Where
- South Korea’s stock market.
- Why
- Analysts expected profitability to be weaker than market expectations, citing continued logistics costs; Chosun Ilbo also cited a weaker exchange rate.
This story does not have two clearly opposing sides.
APR shares fell 2.64%, beginning a decline that continued for three trading sessions, according to Yonhap.
APR shares fell 7%, according to Yonhap.
APR shares were down 11.36% at 312,000 won, according to Yonhap.
APR shares were down 14.91% at 299,500 won, according to Chosun Ilbo.
- Yonhap price at 9:17 a.m.
- 312,000 won, down 11.36%
- Chosun Ilbo price at 9:42 a.m.
- 299,500 won, down 14.91%
- Forecast operating profit
- 178.1 billion won
- Difference from consensus
- About 20 billion won below
- Forecast revenue
- 788.2 billion won, in line with consensus
What people are saying
미국과 유럽 위주의 성장 강세로 계절적 비수기에도 매출은 성장할 것으로 보인다
다만 물류비 부담이 지속돼 수익성이 기대보다 저조하다
Sources
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