[Featured Stock] Daehan Gwangtongsin Surges Early Session... Up 13.88%

Daehan Optical Communication is showing strong performance in the early session.

As of 9:02 AM on the 9th, Daehan Optical Communication is trading at 1,288 KRW on the KOSDAQ market, up 157 KRW (13.88%) from the previous trading day.

Daehan Optical Communication is the only company in Korea with an integrated production system for optical fiber and optical cables. It is engaged in the manufacturing of communication and strategic cables.

Along with developing new markets and new technologies, the company is expanding its materials, parts, and equipment business, which is part of the national important industry promotion, as well as its special optical business.

The communication business sells directly to major overseas optical cable manufacturers and domestic and international communication operators, who are the main demanders of optical cables, while some civilian market sales are conducted through dealerships.