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CJ EnM: Results Project Bright Outlook For Media Business

Summary

2Q19 earnings were slightly higher than expectations.

Growing content and brand power helped bolster earnings across all divisions.

In our view, CJ EnM’s fundamentals will continue to improve.

cj enm cjenm

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: Hyundai Motor Company is a passive shareholder in our bank.