[Special Stock] Pulmuone Surges Over 5% as Sales Exceed 3 Trillion Won
Pulmuone, which surpassed annual sales of 3 trillion won last year and joined the '3 Trillion Club,' is showing strength on the 4th.
As of 9:30 AM on this day, Pulmuone's stock is trading at 10,770 won, up 5.38% compared to the previous trading day.
This is interpreted as being influenced by the earnings announcement on this day. Pulmuone announced that last year's sales increased by 7.4% compared to the previous year, reaching 3.2137 trillion won. Operating profit increased by 48.6% year-on-year to 92.1 billion won, and net profit recorded 34 billion won, up 154.7% compared to the previous year.
Hot Picks Today
Applied Just for Skin Soothing...Study Finds It...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- "Paying More Than the Listed Price?"... Academies Caught in the Act of Illicit T...
- "If You Pay, I'll Close the Case"... Former Korea Customs SJPO Who Took 145 Mill...
- "Please Launch It in Korea!" After All the Hype... This Coffee Finally Arrives i...
Overseas businesses, including the United States, drove sales growth. Pulmuone's U.S. subsidiary's cumulative sales for the third quarter of last year increased by 21.1% compared to the previous year. The U.S. subsidiary's main businesses, tofu and Asian noodles, saw annual sales grow by 12.1% and 21.1% respectively compared to the previous year, and sales in the K-snack category increased by 182.2%. Pulmuone plans to achieve a turnaround in its overall overseas business performance within the year through the scale growth and profitability improvement of its U.S. subsidiary, which accounts for about two-thirds of total overseas sales.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.