[Featured Stock] AFACT Shares Rise 7% on Surge in Sales

Affect, a KOSDAQ company specializing in comprehensive semiconductor back-end processing, is experiencing a stock price increase of over 7% driven by a surge in sales.

As of 9:42 AM on the 24th, Affect was trading at 3,325 KRW, up 7.26% compared to the previous day.

In its earnings announcement on the same day, Affect disclosed that it achieved sales of 73.6 billion KRW last year, representing a 56% increase compared to the previous year.

Operating profit was 4.6 billion KRW, up 14% during the same period, and net profit was 3.1 billion KRW, an increase of 16%.

Affect completed the acquisition contract for the PKG business last year, securing a new growth engine.

The company explained that through this, it covered the entire back-end processing business such as turnkey business and secured new customers including global semiconductor specialized companies, driving sales.

An Affect representative said, “Despite the unfavorable semiconductor market conditions, steady performance growth continued last year,” adding, “As the semiconductor market recovers in the future, the synergy effect from the PKG business acquisition will also be maximized.”

This content was produced with the assistance of AI translation services.