6619 W-SCOPE CORP explanation
- Prime Markets
- Manufacturer specializing in membrane films
- Manufacture of insulating materials for lithium-ion batteries for smartphones and EV vehicles
- Application of membrane film’s filter function to water filtration filters, artificial dialysis filters, etc.
- Production bases: Korea (W-SCOPE KOREA, W-SCOPE CHUNGJU PLANT), China (W-SCOPE New Energy), Hong Kong (W-SCOPE HONGKONG), Hungary (W-SCOPE HUNGARY, a 100% WCP subsidiary)
September 16, 2022 Reasons for the crash
In September 2022, W-SCOPE CHUNGJU PLANT (WCP), a consolidated subsidiary of W-SCOPE CHUNGJU PLANT (WCP), was listed on Korea’s KOSDAQ at a price of 60,000 won, far below the originally planned IPO offering price of 80,000 to 100,000 won. In early September, Sumitomo Mitsui The day before the crash, there was also short selling by Goleman Sachs and Morgan Stanley, which combined with disappointing sales to bring the stock to a halt on the 16th, and from there the plunge began. The crash began.
Fiscal period
Jan.
6619 W-SCOPE CORP Sales/Profit
Fiscal year ending January 2024
Sales：48 billion yen（＋6.5%）
Operating income：3.86 billion yen （△50.6%）
Ordinary profit：4.6 billion yen（△44.5%）
