[Special Stock] Gukdo Chemical Surges Over 10% on Surprise Q2 Earnings Announcement
[Asia Economy Reporter Park Jihwan] On the 30th, Gukdo Chemical's stock price showed strong performance in the early trading session. This is attributed to a surprise performance with operating profit in the second quarter of this year exceeding that of the previous year by more than 400%.
As of 9:24 AM on the day, Gukdo Chemical was trading at 102,000 KRW, up 14.48% compared to the previous trading day.
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The day before, Gukdo Chemical announced its provisional results for the second quarter of this year, reporting operating profit for Q2 increased by 405.2% compared to the same period last year, reaching 78.076 billion KRW. Sales rose 51.0% to 441.05 billion KRW, and net profit increased 447.8% to 61.344 billion KRW.
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