113 Penny Stocks Face Delisting Pressure on KOSDAQ as Listing Standards Tighten; 36 Include Profitable Firms

According to EDailyReport, on July 20, the KOSDAQ market had 113 stocks trading below 1,000 Korean won, with 36 of those having market capitalizations above 30 billion won and classified as large or mid-cap enterprises. Korean Capital, for example, traded at 708 won but reported consecutive operating profits of 82.1 billion, 96.9 billion, and 127.9 billion won over the past three years. The debate centers on whether price-based criteria alone sufficiently measure corporate viability, with some experts arguing that financially sound companies with low trading volumes or limited investor interest may face unjust delisting despite sustainable operations.
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