TSE:8871Real Estate
Goldcrest (TSE:8871) Margin Gains Reinforce Profit Quality Narrative Despite Growth Concerns
Goldcrest Ltd. (TSE:8871) delivered net profit margins of 19.4%, edging up from last year's 18.8%, while annual earnings growth reached 0.9%, above its five-year average pace of 0.5% per year. Despite maintaining high quality earnings and a forecast for revenue to grow at 3.9% annually, expectations for earnings growth (1% per year) remain well below the broader Japanese market's 7.8%, and revenue growth is also slower than the average. Investors are left weighing robust profit margins and an...