[Special Stock] Jeju Maekju Stock Rises 28% on Price Increase...
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[Asia Economy Reporter Kwon Jae-hee] Amid concerns over inflation leading to consecutive price hikes in food and beverages, the stock price of Jeju Maekju, a domestic craft beer brand, is showing strong performance.
Jeju Maekju has taken the lead in price increases among domestic craft beers.
As of 2:44 PM on the 10th, Jeju Maekju is trading at 3,110 KRW, up 28.51% compared to the previous trading day.
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According to the liquor industry, Jeju Maekju raised the supply price of six products, including Jeju Wit Ale, by 10% starting this month. The convenience store promotional price also increased from 10,000 KRW for 4 cans to 11,000 KRW. From April, with a 2.49% increase in beer liquor tax, prices of domestic beers such as Terra and Cass are also expected to rise.
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