TSE:6474Machinery
Nachi-Fujikoshi (TSE:6474) Profit Margin Jump Challenges Bearish Narratives on Turnaround
Nachi-Fujikoshi (TSE:6474) delivered standout earnings growth in its latest results, with net profit margins rising to 1.8%, up from 1.2% the previous year. Earnings soared 43% over the last year, a stark reversal from the company's five-year average decline of 7.3% per year. With forecasts suggesting an 18.2% annual earnings growth rate, well above the broader Japanese market’s 8.1%, investors may interpret improving profitability and margins as a genuine turnaround story in the making.
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