Kangdong C&L (formerly Goryeo Cement) was traded at 1,566 KRW, up 321 KRW (25.78%) from the previous trading day as of 9:08 AM on the 14th in the KOSDAQ market.
Kangdong C&L's main business is the manufacturing and sales of cement.
As the only Portland cement manufacturer in the southern Chungnam region, its primary sales area is the Jeolla region, and it minimizes logistics costs by implementing a local sales policy.
For the production of its main product, cement, it purchases raw and subsidiary materials such as bituminous coal, water slag, and gypsum from companies like Taehwa Holdings, Ssangyong C&E, and Daehan Cement.
Sampyo Cement also showed strength, rising 425 KRW (14.33%) from the previous trading day as of 9:16 AM on the same day.
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