[Edaily Reporter KIM YOON-JEONG ] ILJIN ELECTRIC, which reported record-high second-quarter earnings that exceeded market expectations, is trading higher in early trading. (This image was generated using AI technology) According to MP Doctor on the 12th, as of 10:03 a.m. today, ILJIN ELECTRIC(103590)was trading at 70,900 won, up 9,500 won (15.37%) from the previous trading day. ILJIN ELECTRIC announced the previous day (the 11th) that its operating profit for the second quarter of this year reached 72 billion won, a 91% increase compared to the same period last year. Revenue for the same period rose 22% to 637.4 billion won. This marks ILJIN ELECTRIC’s best-ever second-quarter performance. This year also set a record for the first half of the year. ILJIN ELECTRIC’s revenue for the first half of this year totaled 1.1435 trillion won, with operating profit reaching 122.7 billion won. Following the earnings announcement the previous day, ILJIN ELECTRIC’s stock price surged by more than 10% in after-hours trading.
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(Graphic: Generative AI)
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