[Featured Stock] Sunic System Rallies on Record Operating Profit of 111.5 Billion Won

Sunic System is strong. This is believed to be due to the news that the company posted its highest performance ever last year.

As of 1:30 p.m. on the 4th, Sunic System is trading at 76,100 won, up 28.98% from the previous day.

According to the Financial Supervisory Service's electronic disclosure system, on a consolidated basis Sunic System's operating profit for last year came to 111.5 billion won, a surge of 1,312.5% from 7.9 billion won a year earlier. During the same period, sales also increased by 356.7% to 515.8 billion won. Net profit reached 96.5 billion won, swinging to a surplus.

According to one media outlet, the strong performance is mainly attributed to the fact that orders for 8.6-generation OLED deposition equipment from China's BOE have begun to be reflected in sales in earnest.

Until now, in the large OLED deposition equipment market led by Japanese companies, Sunic System has proven its technological competitiveness by winning orders for BOE's B16 line core equipment. It is being evaluated as rapidly expanding its position in the global OLED deposition equipment market, as its stability in large-area processing, verified mass-production yield, and customer-specific design capabilities are combined.