1. What Happened? Enertok Secures ₩5.5 Billion Export Contract with Turkey
Enertok signed a contract with WAA EUROPE to supply 694 electric actuators, totaling ₩5.5 billion. This represents 22.02% of Enertok’s revenue and will run for 10 months, from August 19, 2025, to June 30, 2026.
2. Why Does it Matter? A Ray of Light Amidst Financial Troubles, But…
This contract offers a glimmer of hope for Enertok, which has been struggling with declining performance in the first half of 2025. However, fundamental issues such as declining sales, operating losses, and increasing SG&A expenses remain significant concerns. Management uncertainty, including a change in major shareholders and business objectives, also adds to the complexity.
3. What Should Investors Do? An Action Plan
While there’s potential for a short-term stock price increase, investors need to carefully monitor the sustainability of performance improvements and the resolution of fundamental issues. A long-term perspective requires evaluating management strategy, overseas market penetration capabilities, and paying close attention to macroeconomic changes.