[Featured Stock] Daelim Jeji Soars 18.75% on Strong Performance in Corrugated Paper Sector

[Asia Economy Reporter Park Soyeon] Daelim Paper is showing strong performance in the early trading session as the announcement of its favorable earnings and the strength of corrugated paper-related stocks coincide.

As of 9:57 AM on the 10th, Daelim Paper is trading at 13,300 KRW on the KOSDAQ market, up 2,100 KRW (18.75%) from the previous trading day.

On the previous day after market close, Daelim Paper announced that its operating profit for last year based on individual standards reached 16.61938 billion KRW, a 179.8% increase compared to the same period last year. Sales amounted to 128.73685 billion KRW, and net profit was 13.53086 billion KRW, rising 21.6% and 438.8%, respectively.