Kolon Mobility Group hit the daily upper limit in early trading on the 30th following news that it achieved annual sales of 2 trillion won.
As of 10:08 a.m. that day, Kolon Mobility Group was trading at 3,590 won, up 825 won (29.84%) from the previous trading day. It surged early in the session and went straight to the upper limit.
Kolon Mobility Group is a company engaged in the maintenance and distribution of imported and certified used cars, and it was launched in January last year after the automotive division was spun off from Kolon Global.
Kolon Mobility Group announced after the market closed the previous day that it recorded sales of 2.403 trillion won, operating profit of 45 billion won, and net profit of 19.4 billion won.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
