/Courtesy of NANOCMS

NANO materials corporations NANOCMS(247660) hit the upper price limit early in the session on news that it turned an operating profit in the second quarter this year.

As of 9:30 a.m. on the 28th, on the KOSDAQ market, NANOCMS is trading at 3,925 won, up 905 won (29.97%) from the previous session.

It is seen that the strong second-quarter results announcement made the day before drove the share price. NANOCMS said in a disclosure the day before that its preliminary standalone operating profit for the second quarter came to 834 million won, turning to a profit from a loss of 713 million won a year earlier.

Sales during the same period were also tallied at 2.781 billion won, up 163.1% from 1.057 billion won a year earlier. Net profit came to 967 million won, successfully turning to a profit from a loss of 1.328 billion won a year earlier.

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