SEHK:2355Construction
Baoye Group (SEHK:2355) Stock Hit By Profit Reversal And Margin Squeeze
Baoye Group stock closed at HK$3.20 on Friday, roughly flat over the past week but weaker over three months. The market reaction looks calm on the surface. The headline from the new half year numbers is very different. The company swung from profit to a loss of ¥71.3m in H1 2026 on revenue of ¥7.53b, which points to a clear squeeze on earnings quality.
For a construction contractor often judged on thin margins, the move to a loss and a trailing net margin of 0.4% is the real story investors...