SEHK:3969Electronic
China Railway Signal & Communication (SEHK:3969) Stock Holds Steady Despite Softer Profit Trends
China Railway Signal & Communication came into this earnings print with a flat 7 day share move and a weaker 3 month run, even as many investors viewed it as a value play on Chinese rail technology. The stock closed at HK$3.20 on 25 August, barely reacting, while the Q2 numbers quietly told a different story in profit generation.
The headline is earnings power. Basic earnings per share for Q2 landed at ¥0.089639 and net income reached ¥952.0m on revenue of ¥7.68b. For a stock trading on a...