HYULIM Robot is strong in early trading on the 25th. It appears investor sentiment has improved as HYULIM Robot submitted an audit report containing an appropriate opinion.
As of 9:34 a.m. on the 25th, HYULIM Robot is trading at 2,110 won, up 255 (13.75%) from the previous day.
This is due to HYULIM Robot submitting an audit report containing an appropriate opinion after the market closed the previous day.
Earlier, HYULIM Robot announced a delay in submission on the 21st, having failed to meet the audit report submission deadline. On that day, concerns that it could be designated as a managed stock caused the stock price to fall by 5%.
The submission of the audit report with an appropriate opinion a day after the business day alleviated investors' anxieties. However, the audit report opinion of "appropriate" does not mean that the corporation's financial structure is solid. It merely indicates that the financial statements were prepared in accordance with accounting standards.
According to the submitted audit report, HYULIM Robot recorded consolidated sales of 133 billion won and an operating loss of 4.938 billion won last year.