Market Chatter: SD Biosensor Shares Jump Nearly 11% on Massive Tax Refund News

MT Newswires Live

2025/05/27

Shares of SD Biosensor (KRX:137310) jumped 10.84% to close at 12,070 won on Tuesday after announcing a 3.38 trillion won corporate tax refund, Pulse News reported Tuesday.

The refund, which is linked to a missed tax relief during a factory relocation, covers the 2021-2022 fiscal years and amounts to about half of the in-vitro diagnostics developer's 2024 revenue of 694.6 billion won, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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