Korean Air Stock Price Forecast

Korean Air Stock Price Forecast

Let's take a look at Korean Air's share price outlook.

 

Korean Air's 2018 annual sales amounted to KRW 13.2 trillion, operating profit of KRW 640.3 billion, net loss of KRW 87.7 billion, and year-end assets totaled KRW 25,579.7 billion, liabilities 22,579 billion, total equity 3.33 trillion, capital 4,798 billion Recorded.

 

Korean Air's share price is little fluctuating, and there is a slight increase or a slight downward trend.

 

Although most airline stocks are on the rise, most airlines are forecasting a 70% decrease in operating profit and a 4% drop in revenue as 3.4Q results fall below expectations.

 

Meanwhile, Korean Air's share price has been on the rise as cargo volume increases.When the small deal between the United States and China emerges, we expect to see the effects of a surge in the stock price when the effects of the air cargo growth tax turnaround occur. Please trade.