[Featured Stock] Essentech Hits Upper Limit Amid Heatwave

[Asia Economy Reporter Park Soyeon] Essentec is showing strength this week amid the heatwave forecast. The company supplies valves used in Samsung Electronics' Wind-Free air conditioners.

On the 19th, Essentec was trading at 1,940 KRW, up 445 KRW (29.77%) compared to the previous trading day, at 10:41 AM on the KOSDAQ market.

Essentec has a market capitalization of 139.7 billion KRW and ranks 781st on the KOSDAQ. The number of listed shares is 72 million.

Founded in 1985 and listed in 2000, Essentec is engaged in the manufacturing business of brass material parts such as brass forgings, processed products, brass ball valves, refrigeration ball valves, and brass distributors.