[Featured Stock] Isu Chemical's Stock Price Surges... 'All-Solid-State Battery'
The stock price of Isu Chemical, considered a key player in the all-solid-state battery sector, is soaring.
As of 1:43 PM on the 23rd, Isu Chemical's stock price is trading at 52,000 KRW, up 11,100 KRW (28.39%) compared to the previous trading day. This surge is attributed to news that the company is supplying all-solid-state battery prototypes to EcoPro BM.
Earlier, Isu Chemical announced that it had completed the commissioning of its test facilities and supplied lithium sulfide prototypes to EcoPro BM.
At the same time, EcoPro BM's stock price, which is also rising, is trading at 246,500 KRW, up 33,000 KRW (15.46%) compared to the previous trading day.
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Isu Chemical, an affiliate of the Isu Group, is a producer of petroleum and fine chemical products. Last year, on a consolidated basis, its sales amounted to 2.2076 trillion KRW, and operating profit was 36 billion KRW, representing increases of 29.6% and decreases of 56.1%, respectively, compared to the previous year.
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