SEHK:1115Beverage
5100 Xizang Glacier (SEHK:1115) Stock Flat As Profit Returns Raise Durability Questions
Investors came into this 5100 Xizang Glacier earnings print with a recovery story in mind, yet the stock closed at HK$0.41, roughly flat over the past week and still down over the past quarter. The headline is simple: profitability is now firmly on the table.
For a beverage stock that once reported heavy losses, the latest half delivered basic earnings per share of CNY0.0128 and net income of CNY71.4m. On a trailing basis, earnings from continuing operations reached CNY121.4m. The market...