Alpha Distillery raised target for Foosung stock to KRW 18,000
Published on 10/14/2026 at 04:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and capacity milestones
- Alpha Distillery raised its 12-month target for Foosung to KRW 18,000 on October 2, 2026.
- Second-quarter revenue reached KRW 188.00 billion, up 51.50 percent year over year.
- Third-quarter results are scheduled for November 14, 2026, while a 2,000-ton line is planned for December 2026.
Foosung (ISIN KR7093370005) is rebuilding its earnings profile after second-quarter revenue rose to KRW 188.00 billion, up 51.50 percent year over year. The October 2, 2026 analyst update from Alpha Distillery raised its 12-month target from KRW 15,500 to KRW 18,000, while retaining a Buy view with a pullback-waiting label.
Three milestones shape the year
On August 14, 2026, Foosung reported second-quarter revenue of KRW 188.00 billion and operating profit of KRW 23.40 billion. ATS View lists the quarter's operating margin at 12.40 percent and net income at KRW 25.00 billion.
On October 1, 2026, Foosung's intraday quote reached KRW 15,720, according to ATS View. The next day, Alpha Distillery moved its target from KRW 15,500 to KRW 18,000, a 16.10 percent increase, after incorporating the second-quarter performance and planned capacity expansion.
What changed in the second quarter?
The earnings mix matters because the company moved from a first-quarter operating profit of KRW 9.30 billion to KRW 23.40 billion in the second quarter. Net income also swung from a first-quarter loss of KRW 9.96 billion to profit of KRW 21.41 billion, based on the standardized financial statements for Foosung's 2026 reporting periods.
That improvement gives the target revision a measurable operating foundation, but the valuation case remains dependent on execution. Alpha Distillery cited a new 2,000-ton line scheduled for December 2026 and projected fiscal 2026 revenue of KRW 610.00 billion, compared with KRW 595.00 billion in its earlier estimate.
Dates investors can measure
The next scheduled milestone is third-quarter reporting on November 14, 2026, while the new 2,000-ton line is planned for December 2026, according to Alpha Distillery. Those dates create two tests for the revised target: whether operating profit can build on the KRW 23.40 billion second-quarter result and whether additional capacity can improve future margins.
KRW quote and company scale
Foosung was last quoted at KRW 14,300.00 on the KRX on October 14, 2026 at 10:56 a.m. KST. Its market capitalization was KRW 1.5 trillion at the same snapshot, while the quoted 52-week range was KRW 5,990.00 to KRW 23,550.00.
Foosung trades on the KRX under ticker 093370, with ISIN KR7093370005, according to Global Banking and Finance. The company is classified in materials and basic chemicals, and its latest quarterly figures show the distance between a recovery narrative and the cash generation still required to support it.
Foosung stock facts
- Company: Foosung Co., Ltd.
- ISIN: KR7093370005
- Ticker: 093370
- Primary exchange: KRX
- Primary exchange quote: KRW 14,300.00 as of October 14, 2026, 10:56 a.m. KST
- Market capitalization: KRW 1.5 trillion as of October 14, 2026
- 52-week range: KRW 5,990.00-23,550.00 as of October 14, 2026
- Sector / Industry: Materials / Basic chemicals
Market context: Market report KOSPI.
