[Featured Stock] Hwaseung Enterprise Hits New High on Surprise Q4 Earnings Last Year
[Asia Economy Reporter Eunmo Koo] Hwasung Enterprise is showing strong performance, reaching a record high. This is interpreted as being influenced by the strong results in the fourth quarter of last year.
As of 10:54 AM on the 19th, Hwasung Enterprise was trading at 17,750 KRW, up 5.34% (900 KRW) compared to the previous trading day. During the session, it rose to 18,050 KRW, setting a new 52-week high.
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Hwasung Enterprise announced through a disclosure that its consolidated sales for the fourth quarter of last year increased by 57% year-on-year to 373.4 billion KRW, and operating profit rose by 129% to 33.9 billion KRW.
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