À̹ÌÁö È®´ë Shares South Korean molecular diagnostics company Seegene Inc. that enjoyed global spotlight after a visit by the president amid surging demand for Korean COVID-19 test kits soared Thursday after it reported its best-ever earnings for the first quarter.
Shares of Kosdaq-listed Seegene ended at 128,800 won ($104.9), up 29.97 percent from the previous day.
On Wednesday, the COVID-19 test kit maker disclosed 39.8 billion won in operating profit in the January-March period, up a whopping 584.3 percent from a year ago. Net profit also soared nearly seven-fold to 33.7 billion won on sales of 81.8 billion won, up 197.6 percent during the same period.
Seegene¡¯s stellar results were largely owed to its popular COVID-19 sampling kits at home and abroad amid the coronavirus pandemic. Korean President Moon Jae-in also visited Seegene¡¯s research facility on March 25 after he received a call from U.S. President Donald Trump about Korean test kits.
The company¡¯s shares until the end of last year remained in the 30,000 won level before skyrocketing in March amid coronavirus outbreak to over 120,000 won.
By Lee Eun-joo
[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]