SEHK:6066Capital Markets
CSC Financial (SEHK:6066) Stock Price Slides As Profit Margins Strengthen
CSC Financial investors watched the stock grind lower in recent weeks, with the share price down about 3% to 4% over one to three months, only to be hit with a fresh sentiment test as Q2 numbers landed. The headline is not revenue growth alone, even though Q2 revenue reached about ¥8.6b. The real story is profit power. Net income from ongoing operations over the last twelve months came in above ¥12.0b, and reported net margin over the past year stayed above 40%. This frames whether today’s...