TSE:9107Shipping
Kawasaki Kisen Kaisha (TSE:9107) Stock Faces Revenue Growth And Shrinking Margins
Kawasaki Kisen Kaisha came into this Q1 print with a bruised reputation on profitability and a stock that had already slipped about 4% over the past week, even after a modestly positive three month run. The headline this time is not the share price; it is the ongoing squeeze in earnings power.
Quarterly basic earnings per share landed at ¥37.42 on revenue of ¥286,842m, while trailing net profit margin over the past year sat near 11.9% compared with the prior 25.6%. That gap is what the market...