[Featured Stock] VT, with Record High Cosmetics Performance, Rises Over 5%

VT's stock price is on the rise after recording its highest-ever performance in the cosmetics sector in the fourth quarter of last year.

As of 9:56 AM on the 27th, VT was trading at 36,350 KRW, up 1,850 KRW (5.36%) from the previous trading day.

VT's fourth-quarter results last year showed consolidated sales of 112.4 billion KRW and operating profit of 29.1 billion KRW, representing increases of 27% and 54% respectively compared to the same period the previous year. The operating profit margin was 26%.

On the same day, Hana Securities maintained a buy rating and a target price of 45,000 KRW for VT. Eunjeong Park, a researcher at Hana Securities, said, "The cosmetics sector drove external growth as overseas sales achieved the highest quarterly performance. The main market, Japan, recorded its highest quarterly results, and China also achieved its highest quarterly performance in the past three years. These results are due to the full-scale overseas expansion of Ridleshot."

She added, "This year’s performance is expected to reach consolidated sales of 500 billion KRW and operating profit of 140 billion KRW," and "the global expansion in China and North America is expected to accelerate

. The first quarter is seen as a warm-up phase, and from the second quarter, regional contact points will expand while marketing investments centered on the Americas will intensify."