[Special Stock] T&R Biofab Sees Surge in Supply of Contactless Thermometers... Shortage Due to COVID-19
[Asia Economy Reporter Hyungsoo Park] T&R Biofab is soaring.
On the 25th at 1:50 PM, T&R Biofab was trading at 8,200 KRW, up 13.26% from the previous day.
T&R Biofab announced that it signed a supply contract for non-contact digital thermometers worth 2,694,120,000 KRW with SCR. This amount is about 277% of the 2018 sales revenue. The contract period is until June 5. The company explained that after selling to the contract partner, all products will be exported to China.
Earlier, on the 3rd, T&R Biofab also signed a supply contract worth 2 billion KRW for non-contact digital thermometers with SCR.
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Recently, as the novel coronavirus infection (COVID-19) has spread worldwide, shortages of disease-related products such as masks and thermometers have occurred in various countries.
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