SEHK:6869Communications
Yangtze Optical Fibre And Cable (SEHK:6869) Stock Faces Profit Surge Valuation Friction
Yangtze Optical Fibre And Cable Limited stock has climbed over the past month but is still well off its level three months ago, which sets the stage for a sentiment clash around these latest numbers. The headline is profit. Second quarter basic earnings per share of ¥2.97 on revenue of ¥6,113.60m compress a very strong year of earnings into a single report. The trailing P/E of 28.7x and an estimated value of HK$133.40 against a HK$140.00 share price hint that enthusiasm may already be...