[Featured Stock] SG Shows Early Morning Strength... 60 Billion KRW Contract with Public Procurement Service
[Asia Economy Reporter Park Soyeon] SG is showing strong performance.
As of 10:25 AM on the 26th, SG is trading at 1,995 won on the KOSDAQ market, up 285 won (16.67%) from the previous day.
Earlier, SG announced that it had signed a supply contract with the Public Procurement Service for asphalt concrete (Ascon) products worth approximately 60 billion won.
SG was established in 2009 with the main business purpose of manufacturing and selling Ascon, and later listed on the KOSDAQ market in 2018.
In September 2016, it entered the ready-mixed concrete business through a merger with its subsidiary, Gyeongin Remicon.
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It has a market capitalization of 82.5 billion won and ranks 1,087th on the KOSDAQ.
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