[Featured Stock] APR Surges 5.28% as Leading Cosmetics Stock

APR, which has emerged as the leading stock in the domestic cosmetics sector with a market capitalization approaching 8 trillion won, continued its upward trend on August 7.

As of 9:09 a.m. on this day, APR was trading at 219,500 won, up 11,000 won (5.28%) from the previous trading day.

According to the provisional results announced the previous day, APR's consolidated operating profit for the second quarter of this year reached 84.6 billion won, marking a 202% increase compared to the same period last year. This is the highest quarterly performance in the company's history. Revenue increased by 111% to 327.7 billion won, while net profit rose by 175.2% to 66.3 billion won.

Securities firms have all raised their target prices for APR. Yuanta Securities stated, "APR has once again proven its position as a global K-beauty leader," and sharply raised its target price from 188,000 won to 310,000 won. Mirae Asset Securities commented, "APR has become the undisputed leading stock," and increased its target price from 170,000 won to 300,000 won.