TSE:9531Gas Utilities
Tokyo Gas (TSE:9531) Stock Faces Profit Squeeze Despite Higher Revenue
Tokyo GasLtd stock went into this earnings print with a mixed scorecard for investors. The share price is only slightly lower over the past week and modestly higher over the past month, yet the longer 90 day stretch shows a clear pullback. That sets the stage for an emotional reading of today’s numbers rather than a calm one.
The headline is simple. Quarterly basic earnings per share of ¥107.15 sit against a trailing twelve month figure of ¥473.49 while net profit margin over the past year...