[Market Focus] APR Hits Consecutive All-Time Highs...Touches 260,000 Won Intraday

APR continued its five-day rally, once again reaching an all-time high.

As of 9:11 a.m. on October 1, APR was trading at 260,500 won on the Korea Exchange, up 10,500 won (4.20%) from the previous day. During the session, the stock climbed as high as 262,500 won, setting a new record high.

Expectations for the company's third-quarter earnings appear to be driving the stock price upward. The securities industry anticipates that APR's third-quarter results will exceed market expectations. Lee Seungeun, a researcher at Yuanta Securities, stated, "APR's third-quarter results are expected to show sales of 380 billion won, up 118% year-on-year, and operating profit of 91 billion won, up 234%, surpassing the consensus operating profit of 84.4 billion won. The key drivers of growth are the expansion of cosmetics sales, overseas scaling up focused on the United States, Japan, and Europe, and stabilization through channel diversification."

NH Investment & Securities estimates APR's third-quarter results at 377 billion won in sales, up 116%, and 90 billion won in operating profit, up 230%. Jung Jiyoon, a researcher at NH Investment & Securities, commented, "We expect APR to achieve its highest-ever quarterly results in the third quarter. The fourth quarter is also anticipated to set a new record, as both online and offline channels expand simultaneously compared to the previous quarter."

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