TSE:4641Professional Services
Altech (TSE:4641) Stock Faces Revenue Growth With Thinner Profit Margins
Altech stock has been treading water in recent months, with the share price roughly flat over the past week and down modestly over the last quarter. Yet behind that muted reaction sits an earnings story that is really about pressure on profitability. Q2 revenue came in at ¥13,718.9m while net income was ¥776.4m, and the current 7% net margin is slimmer than a year ago. For anyone looking beyond today’s price flicker, the key question now is how that margin squeeze lines up against Altech’s...