[Featured Stock] Hancom, Subsidiary Mask Sold Out in China Highlights 'Strength'

[Asia Economy Reporter Yoo Hyun-seok] Hancom is showing strong performance. It appears that the news of masks sold by its subsidiary Hancom Lifecare being sold out in China last year has had an impact.

As of 9:26 AM on the 28th, Hancom was trading at 11,600 KRW, up 3.11% (350 KRW) compared to the previous trading day.

The WHO (World Health Organization) has raised the global risk level of Wuhan pneumonia from 'moderate' to 'high.' According to AFP and other news agencies on the same day, the WHO's situation report released the previous day assessed the risk level within China as 'very high' and the regional and global risk levels as 'high.'

Hancom Lifecare is a personal safety equipment specialist company incorporated into the Hancom Group in 2017. As of the third quarter of last year, Hancom holds a 59.73% stake. It supplies personal safety equipment such as self-contained breathing apparatus, masks, protective clothing, and gas masks to domestic fire stations, military units, police, and general companies. It is also known as the only domestic manufacturer of self-contained breathing apparatus.

In particular, the yellow dust masks that were pilot sold in China last year are reported to have sold out in a short period of time.

This content was produced with the assistance of AI translation services.