[Edaily Reporter Kim Kyung-eun ] Fashion company Shinwon(009270)is trading higher in early trading following strong second-quarter earnings.

According to MP Doctor on the 18th, Shinwon is trading at 1,255 won as of 9:07 a.m. today, up 185 won (17.29%) from the previous trading day.

This is interpreted as a result of the company stimulating investor sentiment by posting its highest-ever revenue in the second quarter of this year.

Shinwon announced today that its consolidated revenue for the second quarter reached 309.9 billion won, an increase of approximately 11% compared to the same period last year. This marks the first time quarterly revenue has exceeded 300 billion won since the company’s founding.

Operating profit for the same period surged 644% year-over-year to 7.5 billion won.

Cumulative revenue for the first half of the year reached 590.7 billion won, up approximately 10% year-over-year, marking the company’s best-ever half-year performance since its founding. Operating profit rose by about 92% to 13.8 billion won.

Shinwon Vice Chairman Park Jeong-bin stated, “These results stem from the simultaneous growth of our export and domestic fashion divisions as each strengthened its competitive edge,” adding, “We will continue to refine our business structure and build momentum on our growth trajectory to sustain steady improvements in profitability.”