Youngone's operating profit for the third quarter of this year far exceeded market expectations, setting an intraday "highest price of the year" on the 17th.
As of 9:13 a.m. that day, Youngone was trading on the Korea Exchange at 75,100 won, up 5,900 won (8.53%) from the previous session. Intraday, it also hit a 1-year high of 76,900 won.
Hyeong Gwon-hun of SK Securities said in a report that day that "sales in the original equipment manufacturing (OEM) institutional sector grew despite tariff concerns," and noted that "operating profit rose 18.4% due to the resulting operating leverage effect." He also said, "As the operating loss in the SCOTT institutional sector decreased by 48 billion won, operating profit significantly exceeded market expectations."
Youngone's third-quarter revenue this year was 1.2047 trillion won and operating profit was 181.2 billion won. Those figures were up 12.8% and 73.4%, respectively, from a year earlier. In particular, operating profit far outpaced the previous market expectation of 128.9 billion won.