SEHK:1432Food
China Shengmu Organic Milk (SEHK:1432) Stock Recovery Case Hinges On Profit Durability
China Shengmu Organic Milk went into this earnings release with its stock at HK$0.36 and a modest gain over the past three months, yet still slightly down over the last week. The headline today is not the share price. It is the swing back into profit in the first half of 2026, with basic earnings per share of ¥0.008 and net income of ¥64.007m. That sits against a trailing twelve months that still show a sizeable loss. This is why the gap between a recovering income statement and a premium P/S...