Global Beauty Sales Rank 2nd... Soaring Popularity in North American Market
Surpasses 10,000 Won After 5 Years, Flying High as a Hit Product
Attention on Potential Turnaround After Overcoming Deficit
Zenic's stock price surpassed 10,000 won for the first time in 5 years and 6 months. Following the previous day's limit-up, the atmosphere is lively. This seems to reflect expectations due to the successful entry into Amazon.com and the increase in global sales volume.
As of 9:10 AM on the 5th, Zenic's stock is trading at 11,990 won, up 26.61% (2,520 won) from the previous day. It is the first time since March 2019 that Zenic's stock price has exceeded 10,000 won. Since then, it has not surpassed 10,000 won even once in over 5 years.
Zenic, the originator of hydrogel masks, is recently emerging from a long slump and facing a new turning point. The 'Biodance Bio Collagen Real Deep Mask,' produced through ODM, ranked 2nd in global beauty sales on Amazon.com, the world's largest e-commerce platform. This product is currently the hottest item in the North American market and is said to be "selling out due to lack of supply."
Zenic and Beauty Selection have signed a contract for manufacturing and product supply through the Original Design Manufacturing (ODM) method and have been preparing for full-scale mass production of global products since the first shipment in May. Additionally, they secured funds for facility investment through a recent paid-in capital increase. The atmosphere is set to "strike while the iron is hot" by aggressively expanding production volume.
According to FnGuide, Zenic recorded sales of 28.1 billion won and an operating loss of 4 billion won last year. It has been in the red for three consecutive years since 2021. The aftermath of struggling due to the lack of follow-up products after the great success of the 'Ha Yumi Pack' directly impacted its performance. With new hit products giving it wings, there is anticipation whether Zenic can turn around its performance this year.
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![[Featured Stock] Mask Manufacturer Xenic, "Sold Out Due to High Demand" in the US, Surpasses 10,000 Won After 5 Years](https://cphoto.asiae.co.kr/listimglink/1/2024072208164559128_1721603806.jpg)

