Shares of KOSDAQ-listed Micro Contact Solution rose early on the 13th after news that it posted strong results last year.
As of 9:59 a.m. that day, Micro Contact Solution was trading at 25,700 won, up 5,500 won (27.23%) from the previous session.
Semiconductor equipment and parts corporations Micro Contact Solution disclosed after the regular session closed the previous day that, on a consolidation basis, revenue rose 44% on-year to 100.3 billion won. Net income increased 59% to 17 billion won, and operating profit surged 74% to 17.8 billion won.
The company said, "As key product markets such as test sockets for the semiconductor business and home appliances, and electromagnetic switches became more active, demand increased," and added, "Subsidiaries' product sales and profits also rose, contributing to improved performance."