Industry
SK Eternix seeks to prove sustainability with earnings beyond Middle East-themed rally
Renewable energy has risen as an alternative as U.S.-Iran conflict heightens concerns over global fossil fuel supply chains, lifting SK Eternix shares. The company trades at 56,300 won, up 168% from a post-war low. Some investors question whether the move is a short-term theme. SK Eternix points to an owned-and-operated generation model, long-term REC contracts and growth across solar, wind, fuel cells and ESS, alongside improving earnings and asset expansion.
