Gamseong Corporation's stock price is on the rise. Expectations that overseas sales in Greater China and Japan will increase seem to be influencing the stock price.
At 9:43 AM on the 23rd, Gamseong Corporation was trading at 3,600 KRW, up 4.96% from the previous day.
Yuseongman, a researcher at Leading Investment Securities, stated, "Starting next year, there will be an expansion into Japan and a full-scale expansion in Greater China," and added, "Entry into the Southeast Asian market is also expected." He continued, "Considering that about 7% of Snow Peak Apparel's sales currently come from duty-free shops and that the main customer base is from Greater China and Southeast Asia, the expansion of Snow Peak Apparel will act as a new factor for performance and stock price growth."
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