KeePer Technical Laboratory surges with strong recovery momentum as May sales jump 50% year-on-year
Shares of KeePer Technical Laboratory Co., Ltd. <6036> were flooded with buy orders at Thursday's open, signaling a clear shift toward a recovery trend after forming a triangular consolidation pattern near its price floor. The company, which develops car-coating services based on proprietary technology, announced after Wednesday's market close that its May consolidated sales surged 51.6% year-on-year. The sharp growth was driven by a rush of new vehicle deliveries during the Golden Week holidays, alongside robust car-wash demand stemming from low nationwide rainfall that led to a heavy accumulation of pollen and yellow dust. Although KeePer Tech will raise service prices starting in June, it noted that customers who made reservations in May will receive services at pre-increase rates, boosting expectations for sustained demand into June and beyond. The robust monthly sales performance continues to attract investment capital to the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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