June 07, 2020

Seegene’s net profit jumps 600% in Q1

PUBLISHED : May 14, 2020 - 16:19

UPDATED : May 14, 2020 - 16:19

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

Real-time polymerase chain reaction COVID-19 detection test kit maker Seegene saw a whopping 600 percent jump in its consolidated operating profit and net profit in the first quarter of 2020, according to company filings on May 14.

Seegene rose from being one of many molecular diagnosis companies to a globally acknowledged high-profile firm after it became one of the first to produce a real-time PCR COVID-19 test kit. 

The company said it posted a consolidated revenue of 81.8 billion won ($66 million), operating profit of 39.8 billion won and a net profit of 33.7 billion won.

Seegene has affiliated arms in Genova in Italy, Sharjah in the United Arab Emirates, the US state of California, Toronto in Ontario, Canada, Dusseldorf in Germany, Minas Gerais in Brazil and Mexico City, Mexico.

The firm is listed on the secondary Kosdaq bourse in Korea.

By Lim Jeong-yeo (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099