Business · Markets · 33 mins ago
Paradise shares jump 13% after strong third-quarter results
Paradise shares rose 13.1% on Nov.
11 after the company reported strong third-quarter results.
Paradise disclosed the figures the day before the share rise.
Third-quarter revenue reached 351.7 billion won, up 22% from the same period a year earlier.
Operating profit was 64.1 billion won, a 62.3% increase.
The comparison is with the third quarter of the previous year.
The results were followed by a sharp rise in the share price, which stood at 11,220 won at 9:34 a.m.
on Nov.
11.
Paradise shares rose 13.1% in morning trading on November 11 after the company reported strong third-quarter results.
At 9:34 a.m., the shares were trading at 11,220 won, up 1,300 won from the previous trading day.
Paradise reported consolidated third-quarter revenue of 351.7 billion won and operating profit of 64.1 billion won.
Revenue increased 22% and operating profit rose 62.3% from the same period a year earlier.
- Who
- Paradise.
- What
- Its shares rose 13.1% after it reported higher third-quarter revenue and operating profit.
- When
- November 11, at 9:34 a.m.
- Where
- The Korea Exchange's main board.
- Why
- The company reported strong third-quarter results, with revenue up 22% and operating profit up 62.3% year on year.
This story does not have two clearly opposing sides.
Paradise reported consolidated third-quarter revenue of 351.7 billion won and operating profit of 64.1 billion won.
Paradise shares were trading at 11,220 won, up 13.1% from the previous trading day.
- Share-price increase
- 13.1%
- Share price at 9:34 a.m.
- 11,220 won
- Third-quarter revenue
- 351.7 billion won, up 22% year on year
- Third-quarter operating profit
- 64.1 billion won, up 62.3% year on year