HLSE:HKFOODSFood
HKFoods (HLSE:HKFOODS) Stock Looks Cheap But Margins Still Look Fragile
HKFoods Oyj went into this print with a stock that had already slipped over the past week and month, yet the Q2 numbers did not deliver the clean profit story some investors hoped for. Revenue landed at €258.7m while net income from ongoing operations was €1.4m, which keeps the company in the black but on thin margins. Coming off a year in which the investment case leaned heavily on improving profitability and an undemanding P/E, this quarterly profit squeeze is the headline that will frame...