SEHK:6098Real Estate
Country Garden Services (SEHK:6098) Stock Struggles To Shake Off Margin Squeeze
Country Garden Services Holdings closed at HK$5.785, a stock that has inched higher over the past month while still carrying the scars of a weak margin story. The headline this half is earnings quality, not growth. Net income from continuing operations over the last twelve months sat at C¥544.672m on revenue of C¥49,668.727m, which translates into a very slim 1.1% net margin after a sizeable C¥1.0b one off hit.
The market’s muted optimism now faces a sentiment reckoning as investors weigh...