[Edaily Reporter Kim Hyung-il ] #BLACK YAK I&C CO.,LTD, a company specializing in industrial safety equipment, is trading up by more than 20% in early trading following a significant improvement in its first-half earnings.
BLACK YAK I&C CO.,LTD logo. (Photo courtesy of BLACK YAK I&C CO.,LTD)
According to MP Doctor on the 27th, as of 9:26 a.m., BLACK YAK I&C CO.,LTD is trading at 3,320 won, up 630 won (23.42%) from the previous trading day.
BLACK YAK I&C CO.,LTD reported consolidated revenue of 41.6 billion won and operating profit of 8.5 billion won for the first half of this year. These figures represent increases of 96.5% and 110.8%, respectively, compared to the same period last year. This growth reflects the inclusion of Hanju Chemical—which was acquired as a subsidiary last year—and is driven by expanding demand for safety equipment and fire suppression systems at large industrial sites such as semiconductor fabs and data centers.
In particular, Hanju Chemical supplies FK-5-1-12 systems—an eco-friendly fire suppression gas—to semiconductor fabs and data centers. With global semiconductor manufacturers planning to build new clusters and large-scale fabs in the second half of the year, related demand is expected to continue.
BLACK YAK I&C CO.,LTD expects Hanju Chemical’s related revenue to reach at least 20 billion won in the second half of the year. In addition, the company forecasts continued earnings growth as demand persists in its existing safety equipment business, particularly at semiconductor factory construction sites.
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