Elice projects at least doubling of annual revenue and sees stock rebound
- 1CEO Kim Jae-won stated that Elice will achieve at least twice its revenue from this year.
- 2Elice shares rose 30% on Wednesday, recovering much of the losses from the first day of trading.
- 3Elice recorded a 200% revenue growth rate in the first half of this year, reaching 34.4 billion won in revenue.
So what's the key point?
Elice announced that it expects to more than double its revenue compared to last year. Following this news, the stock price rose 30%, recovering much of its previous decline.
Source Bloomberg · View original ↗
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