[Market Focus] Com2uS Rises on Strong Second-Quarter Results

Com2uS rebounded after three days, with its stock price rising on the back of solid second-quarter results this year.

As of 9:32 a.m. on August 12, Com2uS was trading at 39,350 won on the Korea Exchange, up 550 won (1.42%) from the previous day.

On this day, Com2uS announced in a regulatory filing that its consolidated revenue and operating profit for the second quarter were provisionally tallied at 184.8 billion won and 1.4 billion won, respectively. These figures represent increases of 6.8% and 0.1%, respectively, compared to the same period last year. The company has maintained profitability for six consecutive quarters.

For the first half of the year, cumulative revenue rose 6.7% year-on-year to 352.8 billion won, while operating profit increased 20% to 3 billion won.