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[#KoreaStockInvestment] 20180823_GRT(KOSDAQ 900290)_IR

I visited Great Rich Technologies IR session on 23rd Aug of 2018.

Bloomberg Quote

Company Info

I did not know much about this company before. All that I know was that they are from China and valued very low since there is mistrust issue in Korea.

1. They were trying merger Korean Company to expand their business. One of companies they were looking for manufacturer in Korea.

2. The sales were growing pretty good due to the new factory. The Operating rate of new factory is continuously growing. It will reach 71.7% in the year of 2018.

3. The Gross margin rate is decreasing, but still the numbers were still growing.The gross margin rate will develop due to will go up again since the operation rate of new factory increases.

4. Sales portion of optical adhesive film, window film are growing.

5. The depreciation cost will remain high since it includes expenses for new factory.

6. The operation margin decreases a little due the increasing R&D costs.

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