SEHK:6100Interactive Media and Services
Tongdao Liepin Group (SEHK:6100) Stock Price Hinges On A Sharper Margin Recovery
Tongdao Liepin Group stock closed at HK$2.12 on Friday, roughly flat over the past week but still down about 14% over three months. The market has treated the recruiter as a low expectation story. The new half-year earnings say something different.
The headline is margin pressure. Trailing 12 month net profit margin sits at 5.4% compared with 8.4% a year earlier. For anyone thinking beyond the next quarter, the key question is how Tongdao Liepin Group can turn its current earnings path into...