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Taihan Hosts Investor Relations (IR) Conference, Highlighting Strong Growth and Financial Stability
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Taihan Hosts Investor Relations (IR) Conference, Highlighting Strong Growth and Financial Stability
On February 5, Taihan held an investor relations (IR) conference for institutional investors and analysts.
During the presentation, the company announced that it secured approximately KRW 3.7 trillion in new project orders in 2024, more than doubling the KRW 1.8 trillion recorded in 2023. As of year-end, Taihan’s order backlog stood at KRW 2.8 trillion, reflecting a 63% increase from the previous year.
Taihan also highlighted its strengthened financial position. The company's debt-to-equity ratio, which was 266% in 2021, declined to 77% by the end of 2024. Additionally, it maintained a solid financial structure with a current ratio of 193% and a debt dependency ratio of 30%.
Furthermore, the company provided updates on its submarine cable expansion strategy. The Dangjin submarine cable plant 1 is scheduled for full completion in the first half of 2024, while a second plant is set to commence operations in 2027, reinforcing its commitment to meeting rising demand in the global submarine cable market.
Taihan reaffirmed its commitment to strengthening IR activities, aiming to enhance transparency and deepen engagement with investors and shareholders. In 2023, the company held five official investor meetings, including a visit to its Dangjin cable plant, and plans to further expand its IR efforts.
