[Special Stock] Classys, Strong Earnings and Merger Synergy Combined

Classys is showing strength. This is interpreted as being influenced by securities firms' analysis that the strong performance in the fourth quarter of last year and merger synergies are occurring.

As of 2:53 PM on the 14th, Classys was trading at 51,900 won, up 1,400 won (2.77%).

Classys recorded sales of 74.4 billion won in the fourth quarter of last year, a 58% increase compared to the same period the previous year. The merger effect with Iruda appeared.

Kim Chung-hyun, a researcher at Mirae Asset Securities, said, "Operating profit rose 63% year-on-year to 35.8 billion won, exceeding market expectations," adding, "By product category, equipment sales were 28.9 billion won, and consumables sales were 31.2 billion won."

Researcher Kim Chung-hyun evaluated, "The cost-saving synergy with Iruda is faster than expected," and "Within just one quarter after the merger completion, a significant cost reduction effect has been created, resulting in higher-than-expected profit margins."

He explained, "In the second quarter of this year, VoluNer and Shrink Universe are scheduled to launch in Europe, and in the third quarter, Secret Max will be launched in the United States," adding, "They are expected to accelerate their entry into the U.S. and European markets."