ASX:SSTIndustrials
Steamships Trading (ASX:SST) Shares Wrestle With Revenue Growth And Fragile Earnings
Steamships Trading stock has gone nowhere over the past week and is down roughly 13% over three months. The market came into this result cautious after a strong 12 month earnings jump that many investors already questioned.
The headline this half is pressure on earnings quality rather than on volume. H1 2026 revenue printed at PGK414.9m, yet net profit for the period was just PGK23.6m. Recent growth in earnings per share and net margin leans heavily on a PGK22.6m one off gain and on a balance...