[Featured Stock] "Expecting Expansion into India and North America" Microdigital Up 5.89%

The stock price of Microdigital, a domestic bio materials, components, and equipment company, is strong amid prospects of expansion into India and North America. As of 9:54 a.m. on the 26th, Microdigital was trading at 12,950 won, up 720 won (5.89%) from the previous trading day.

On the same day, Yuseongman, a researcher at Leading Investment & Securities, said about Microdigital, "The possibility of supplying single-use bioreactor Celvic and single-use bag-to-bag to Serum Institute of India (SII), an Indian pharmaceutical contract manufacturing organization (CMO), has increased, which will serve as a catalyst for full-scale expansion into the Asia-Pacific market." He added, "Also, it is understood that a large-scale technology transfer contract with a global North American materials company is imminent."

Researcher Yu said, "Last year, sales reached 10.8 billion won and operating profit was 900 million won, successfully turning profitable. This year, consolidated sales are expected to be 11.9 billion won and operating profit 1.3 billion won." He added, "Especially from next year, with large-scale supply to India and North America starting, expected sales are projected to increase by 121.8% from this year to 26.4 billion won, and operating profit is expected to rise by 438.5% to 7 billion won, marking the beginning of a full-scale performance growth period."

He further stated, "Based on its unique single-use bioreactor technology, quality, and cost-advantaged production capacity, the company is set to actively enter the U.S., European, and Asia-Pacific markets, and this is a period where full-scale growth is expected in all aspects including growth, performance, and momentum."