On the 29th, SNT Energy shares are surging more than 16%. The company announced a "surprise earnings" result that beat market expectations last year.
As of 9:42 a.m. that day, SNT Energy is trading at 46,500 won, up 6,450 won (16.1%) from the previous session on the Korea Exchange.
Earlier, SNT Energy disclosed that on a consolidation basis last year it recorded revenue of about 606.11999 billion won and operating profit of 111.31393 billion won. They are up 106% and 400%, respectively, from 2024, beating securities firms' forecasts (revenue 554 billion won and operating profit 90 billion won).
It also spurred investor sentiment by disclosing a decision on a stock dividend in kind. It is 300 won per common share, with a dividend yield of 0.8% and total dividends of about 5.9 billion won.