[Featured Stock] Picogram Surges Over 10% on Profit Improvement Outlook for Next Year

Amid expectations from the securities industry that Picogram's performance will improve next year, Picogram's stock price is on the rise on the 26th.

At 2:17 PM on the same day, Picogram's stock price was trading at 5,390 KRW, up 515 KRW (10.56%) compared to the previous trading day.

On the same day, Kim Taehyun and Baek Jongmin, researchers at IBK Investment & Securities, stated, "In May next year, Picogram is expected to achieve external growth by adding product lineups to its home appliance specialized brand, Purial," adding, "In the mid to long term, expanding sales of its own brand will contribute to profitability improvement."

They also said, "Watts, a major US client, exhausted most of its filter inventory last year, and on the 21st, Picogram entered the Chinese market, which had been stagnant, through a contract with Kenature, a Chinese water purification system specialist," adding, "Filter sales are expected to expand in regions with a large cumulative supply of Purial water purifiers, such as the Middle East and Thailand, so performance is expected to improve compared to this year's poor results."