[Click eStock] "Manyeo Gongjang, Expected to Achieve Quarterly Record High Earnings"

Hana Securities expected that Manyeogongjang would achieve its highest quarterly performance in the second quarter of this year on the 25th.

Park Eun-jung, a researcher at Hana Securities, explained, "It is estimated that Manyeogongjang recorded sales of 34 billion KRW and operating profit of 6.6 billion KRW on a consolidated basis," adding, "This represents an increase of 36% and 104%, respectively, compared to the same period last year."

She continued, "Both domestic and overseas markets showed steady growth, resulting in improved profitability," and "It is expected to exceed market expectations."

Researcher Park analyzed, "It has a clean and functional beauty image at a reasonable price," and "There are loyal customers for major skincare products."

It is estimated to record sales of 130 billion KRW and operating profit of 23.3 billion KRW this year, representing an increase of 26% and 47%, respectively, compared to last year.