[Featured Stock] SuzenTech Surges 18% Intraday on Record High Earnings
[Asia Economy Reporter Minji Lee] Suzentec is showing a sharp rise during trading hours. It is analyzed that the news of recording the highest-ever performance acted as a positive factor.
At 10:30 AM on the 12th, Suzentec was traded at 13,050 KRW, up 18.10% compared to the previous trading day. On that day, the stock price soared to as high as 13,750 KRW during trading hours.
The company announced the day before that it recorded its highest performance due to increased sales of diagnostic kits following the emergence of the Omicron variant. On a consolidated basis for the first quarter, sales reached 67.9 billion KRW, and operating profit was 44.7 billion KRW, growing 515% and 714% respectively compared to the same period last year.
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As the post-COVID-19 era progresses, Suzentec plans to continue its growth by focusing on new growth engines such as ▲allergy diagnosis ▲tuberculosis diagnosis ▲female hormone self-diagnosis business. The company has formed a partnership with a major Chinese diagnostic company and has delivered approximately 500 allergy diagnostic devices to date.
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