SEHK:775Biotechs
CK Life Sciences (SEHK:775) Stock Price Reflects Losses Despite Narrower Deficit
CK Life Sciences Int'l. (Holdings) went into this earnings release with the stock already under pressure, down about 23% over the past three months and closing at HK$0.555 on 12 August. The headline this time is not a rebound story. The company is still loss making, with trailing 12 month net income from core operations in the red and profit margins under strain.
Short term traders may focus on the weak share price and ongoing losses. Longer term investors are more likely to weigh the...