ASX:SHAConstruction
SHAPE Australia (ASX:SHA) Shares Catch Up To A Stronger Margin Story
SHAPE Australia stock was treading water coming into the result, with only a small move over the past week and a mixed 12 month share price path. The headline today is that the earnings story looks far stronger than the recent share price mood suggests. Full year revenue reached about A$1.20b and net profit after tax came in at A$31.7m, with earnings per share at A$0.38 on a trailing 12 month view.
The real hook for investors is margin. Management focused on higher margin work and operating...