[Edaily Reporter Hyera Lee ] Stocks related to summer cooling and dehumidification equipment—including PASECO CO.LTD(037070), WINIX INC.(044340), and others—are all rising in tandem.
According to MP Doctor on the 13th, as of 9:05 a.m. that day, PASECO CO.LTD was trading at 8,210 won, up 18.03% from the previous trading day. At the same time, WINIX INC. was trading at 4,395 won, up 28.51%.
Amid persistently hot and humid weather and the onset of the rainy season, buying interest is surging due to expectations of rising sales for air conditioners and dehumidifiers. Furthermore, strong sales of window-type air conditioners in some European countries experiencing record-breaking heat appear to be stimulating investor sentiment toward these stocks.
PASECO CO.LTD specializes in the production and sale of seasonal appliances (kerosene stoves, heaters, window-mounted air conditioners), kitchen appliances (gas cooktops, range hoods, induction cooktops), and home appliances (OEM/ODM products such as humidifiers and water purifiers). It has a particular strength in window-mounted air conditioners.
WINIX INC. primarily operates in two main sectors: the electrical equipment manufacturing division, which manufactures and sells finished household appliances such as air purifiers, dehumidifiers, and clothes dryers, as well as heat exchangers for refrigerators; and the passenger and cargo air transportation division.