[Featured Stock] Polaris Uno Surges on Record-Breaking Earnings... Group Stocks Rise Together

Polaris Uno, a specialized company in synthetic wig fibers, is showing strong performance after achieving record-high results last year.

As of 11:12 AM on the 15th, Polaris Uno is trading at 967 KRW, up 6.38%. Other group affiliates are also rising together. Polaris Sewon and Polaris Office are trading at 2,345 KRW and 2,790 KRW, up 3.99% and 1.27%, respectively.

Polaris Uno recorded consolidated sales of 97 billion KRW and an operating profit of 7.5 billion KRW last year. The easing of COVID-19 restrictions led to increased outdoor activities, which boosted market demand for wig fibers and contributed to the growth in performance.

Polaris Sewon also achieved record-high results last year due to increased orders for electric vehicles. Polaris Sewon's consolidated operating profit last year was 8.6 billion KRW, turning profitable compared to the previous year, and sales increased by 81.2% to 176.7 billion KRW.

Polaris Office is gaining attention for its continued profitability and recent entry into the AI (artificial intelligence) office business. 'Polaris Office AI' is an office software applying the recently popular generative AI language model. It incorporates various AI functions such as OpenAI's 'ChatGPT', Naver's 'HyperCLOVA', and Stability AI's 'Stable Diffusion', offering a service that can innovatively upgrade document processing workflows.

On the same day, OpenAI, the developer of the generative AI ChatGPT, announced the release of ‘GPT-4’, an upgraded version of its existing product with abilities comparable to the top 10% SAT scores, raising expectations.