TSE:3028Specialty Retail
Alpen (TSE:3028) Stock Extends Gains As Profit Growth Outruns Thin Margins
AlpenLtd stock has ridden a steady upswing in recent months, closing at ¥2,291 after a strong run that outpaced the broader market. The headline from these full year numbers is simple. Profitability is still thin, yet it is moving in the right direction.
Trailing net profit margin sits at 2.2% and earnings over the last twelve months are higher than a year ago, even after several years of pressure on the bottom line. For long term investors, the key question now is whether this early earnings...