TSE:3863Forestry
Nippon Paper Industries (TSE:3863) Stock Can Revenue Hold As Losses Return
Nippon Paper Industries shares went into this earnings print under a cloud, with the stock down about 5.9% over the past week and roughly 6.2% over three months. That set the stage for a sentiment test. The headline this quarter is a sharp swing back into the red, with basic earnings per share turning into a loss of ¥2.02 and net income slipping to a loss of ¥233 million, even as revenue held at ¥314,466 million. The market now has to decide whether this profit squeeze is a blip or the start...