[Special Stock] Cheongdam Learning Expected to Launch New Products Including Educational Metaverse... 52-Week High
[Asia Economy Reporter Park Jihwan] Cheongdam Learning is showing strong performance amid expectations for the launch of an educational metaverse product.
As of 9:39 AM on the 20th, Cheongdam Learning is trading at 34,000 KRW, up 1,550 KRW (4.78%) from the previous day. During the session, it rose to 34,100 KRW, setting a new 52-week high. The previous high was 32,450 KRW, recorded on the 18th.
The earnings growth is also steep. In the first quarter, Cheongdam Learning posted an operating profit of 8.6 billion KRW, a 115.5% increase compared to the same period last year. Sales increased by 19.6% to 52.5 billion KRW during the same period.
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Kiwoom Securities evaluated Cheongdam Learning as an English education platform company generating annual revenue of 40 billion KRW from online platforms to educational metaverse services.
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