[Alphabiz=(Chicago) Reporter Kim Jisun] Hanssem, an interior company, has regained its corporate value of 1 trillion won. Although its corporate value once exceeded 2 trillion won, it fell to around 800 billion won due to a contraction in the real estate trading market and worsening performance stemming from rising raw material prices and is recovering rapidly.
Hanssem's stock price fell to 37,050 won at the end of October last year as the real estate market froze last year but closed at 51,200 won on the 18th. It has risen by about 40% in two months. The market capitalization jumped to 1.2 trillion won.
Hanssem decided to increase some of its kitchen and storage products by an average of 2.7% earlier this month. The reason was that it was inevitable to raise unit prices as prices of major raw materials such as wood and iron, as well as labor and logistics costs continued to rise.
Hanssem also struggled to improve its performance in February, April and September last year by raising unit prices according to products.
Hanssem is also pinning its hopes on an integrated online platform scheduled for release next month.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
