[Featured Stock] APR at the Start of Global Expansion... Valuation Expansion 'Expected'
APR's stock price is on the rise. Currently in the early stages of global expansion, expectations that its valuation will increase seem to be influencing the stock price.
As of 10:49 AM on the 31st, APR is trading at 367,500 KRW, up 2.51% from the previous day.
Jiyoon Jeong, a researcher at NH Investment & Securities, stated, "Domestically, four new products will be launched this year, and overseas, the Booster Pro will be actively exported to the US, Japan, China, and other countries starting from the second quarter, absorbing future global home beauty device demand." She added, "This year marks the inaugural year for both new product launches and regional expansion."
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Researcher Jeong continued, "As of the second quarter, the Ultra Tune, launched in May, is being produced at about 1,000 units per day, and sales data from home shopping channels indicate that demand exceeds supply." She forecasted, "Improving yield will be key going forward, and quarterly sales are expected to continue an upward trend annually, with the second quarter also showing growth in scale."
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