TSE:6339Machinery
Sintokogio (TSE:6339) Stock Rebounds on Profit Recovery Despite Lingering Losses
Sintokogio Ltd walked into this earnings day priced like a troubled machinery stock. The share price sat at ¥1,176 after a flat week and only a modest 3 month climb, even with a low 0.4x P/S ratio and a dividend yield above 4% that many investors view with suspicion.
The results forced a sentiment reset. After a year of heavy losses, Sintokogio Ltd posted Q1 Basic EPS of ¥12.97 with a return to positive net income. The core story today is margin relief and a move back into the black, set...