TSE:4189Chemicals
KH Neochem (TSE:4189) Stock Faces Revenue Pressure Despite Stronger Margins
KH Neochem stock closed at ¥3,435 after a strong run over the past quarter, yet the latest earnings story is less about the share price and more about what is happening under the hood of the income statement. The headline this quarter is a sharp squeeze on the top line. Quarterly revenue sits at ¥27,718m while trailing twelve month sales have eased to ¥109,643m. At the same time, the company still carries a P/E of 13.1x against a peer average of 22.3x. The gap between those numbers sets up...