HLB GLOBAL Co., Ltd. (003580) Price & Analysis

Headquartered in Sabuk-eup, South Korea, HLB GLOBAL Co., Ltd., established in 1962, primarily engages in marine sand extraction operations within South Korea. Their detailed process for producing sea sand encompasses vessel departure, underwater recovery, port berthing, cargo offloading, meticulous sorting, washing, and subsequent shipment. Beyond sand, the company also procures a range of other aggregates from the seabed, including gravel, mixed and fine aggregates, asphalt, and concrete. Diversifying its business, HLB GLOBAL markets a variety of consumer goods, specifically color cosmetics, hair care products, and denim apparel, in the United States, China, and Japan. Furthermore, the company is actively involved in drug development, focusing on treatments for infectious illnesses such as sepsis, influenza, and viral hepatitis, alongside immunological disorders like rheumatoid arthritis. The entity was formerly known as NEXT SCIENCE Co., Ltd. until its rebranding to HLB GLOBAL Co., Ltd. in April 2022.