Poongsan Corp - Company Profile
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Poongsan Corp (Poongsan) produces fabricated non-ferrous metal and defense products. Focus on quality, liquidity position, and cash position are its key strengths, even as operating performance remains a cause for concern. Growing global production and consumption of copper, positive outlook for global ammunition market, and recovery of global steel demand could provide new growth opportunities to the company. However, foreign exchange risks, stringent regulations in South Korea, and operational risks could affect its operations.
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