[Featured Stock] Neowiz Holdings Rises 16.51% on Strong Earnings Performance

[Asia Economy Reporter Park So-yeon] Neowiz Holdings is showing strong performance in the early trading session.

As of 9:36 AM on the 22nd, Neowiz Holdings is trading on the KOSDAQ market at 30,700 KRW, up 4,350 KRW (16.51%) from the previous trading day.

Neowiz Holdings saw a sharp increase in performance last year. The provisional annual operating profit for last year was 57.7503 billion KRW, a 96.3% increase compared to 29.4184 billion KRW in the same period of the previous year.

During the same period, sales amounted to 289.24616 billion KRW, up 13.9% compared to the same period last year. Net profit was 97.93439 billion KRW, an increase of 13.9% compared to the previous year.

Neowiz Holdings is a company engaged in computer equipment consulting, software consulting, and development.