1. The IR Meeting: What Was Discussed?

HK inno.N held an IR meeting on July 31, 2025, announcing its Q1 2025 earnings and future business strategies. Key topics included the status of K-CAB’s overseas expansion and the progress of its new drug development pipeline.

2. Fundamental Analysis: Assessing Investment Appeal

2.1 Positive Factors: Sufficient Growth Momentum?

  • K-CAB’s continued growth: Strong sales performance in domestic and international markets
  • Robust R&D pipeline: Development of new drugs in various therapeutic areas such as cancer, digestive diseases, diabetes/obesity, and autoimmune diseases

2.2 Negative Factors: Can Profitability Be Secured?

  • Declining operating profit margin: Deteriorating profitability due to rising raw material prices, increased marketing expenses, etc.
  • Unstable external economic environment: Negative impact of external factors such as interest rate hikes and exchange rate fluctuations

3. Market Outlook and Investment Strategy Post-IR

Stock prices may fluctuate in the short term depending on the content of the IR presentation. Investors should carefully analyze the IR materials and make investment decisions based on a comprehensive consideration of future earnings forecasts and market conditions. Continuous monitoring of the operating profit margin improvement strategy and specific achievements of the R&D pipeline is particularly crucial.