[Featured Stock] Norangpungseon Rises Following Removal from Management Item List
Yellow Balloon is on the rise following the news of its removal from the management item list.
As of 9:14 AM on the 15th, Yellow Balloon was trading at 9,240 KRW, up 3.70% from the previous day.
Yellow Balloon announced through a disclosure of its audit report the day before that its separate basis sales last year amounted to 21 billion KRW, resolving the 'sales under 3 billion KRW' factor according to KOSDAQ listing regulations, and thus it was removed from the management item list. This comes one year after being designated as a management item in March last year.
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Previously, Yellow Balloon's separate basis sales in 2021 were 2.5 billion KRW, falling short of 3 billion KRW, but sales increased by 737.2% in one year. The company stated that it has been making efforts to normalize the travel market and increase sales by reinstating all employees last year, reorganizing its product lineup, and diversifying sales channels.
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