[Stock in Focus] Oligio's Strong Performance Drives Wontech Up Over 6%

The stock price of Wontech is on the rise as the company's monopolar RF device "Oligio" gains popularity both domestically and internationally, raising expectations for record-breaking performance.

As of 3:18 PM, Wontech was trading at 12,550 KRW, up 740 KRW (6.27%) from the previous trading day.

On this day, NH Investment & Securities stated, "Along with the boom in the domestic aesthetic treatment market, monopolar RF procedures such as Wontech's Oligio are rapidly becoming mainstream."

Wontech is expected to continue breaking its quarterly performance records. Second-quarter revenue is projected at 38 billion KRW, representing a 31.0% increase year-on-year, and operating profit is expected to reach 15 billion KRW, up 113.6%, marking the third consecutive quarter of record-high quarterly results.

Shim Eui-seop, a researcher at NH Investment & Securities, said, "Oligio is gaining popularity not only in Korea but also overseas," and added, "High growth in overseas sales is expected to continue, particularly in Southeast Asia."

He also noted, "In Korea, marketing for new models has begun this month, so the Oligio brand is expected to see increased recognition and procedures, which will further drive sales growth."