SEHK:1610Food
COFCO Joycome Foods (SEHK:1610) Stock Faces Fresh Pressure From Deepening Losses
COFCO Joycome Foods came into this earnings print as a cheap stock on a P/S of about 0.2x, yet the market has kept it on a losing streak with the share price down over the past week and quarter. The latest half year numbers explain why. H1 2026 revenue was about C¥8.7b, but the company reported a net loss of roughly C¥1.6b and basic earnings per share swung into a deeper loss.
For a stock often framed as a potential recovery play, this set of results keeps the spotlight firmly on mounting...