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Classys (214150 KS): Record High Quarterly Performance in Q3; 2024 to Continue to Be Radiant
527 Views25 Nov 2023 17:15
SUMMARY
- Classys (214150 KS) reported solid performance in 3Q23, with revenue and operating profit growing 45% and 41%, YoY, respectively, mainly driven by export in devices and domestic sales of consumables.
- Despite being an offseason, Q3 2023 witnessed increase in both the number of countries selling the new product Ultraformer MPT and the monthly average domestic sales of Volnewmer.
- Continued improvement in equipment sale and increasing consumables contribution should drive growth in 2024. Entry into the U.S. and China will be the key for re-rating of the stock.
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- Classys (214150 KS): Beautiful Journey Continues; Record High Revenue and Operating Profit in 1Q2409 May 2024
- Classys: One of Korea's Top Beauty Medical Device Makers + Higher Shares Cancellation and Dividends08 Mar 2024
- Classys (214150 KS): 2023 Sales Beat Guidance to Reach Record High; Stellar Performance to Continue01 Mar 2024
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- Classys (214150 KS): Record-High Sales and Profit in 2022; Geography Expansion to Accelerate Growth17 Feb 2023
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