SGX:MR7Construction
Nordic Group (SGX:MR7) Stock Reflects Resilient Margins Despite Softer Half
Nordic Group went into this earnings season priced like a steady compounder that the market had largely parked in the value bucket. The stock closed at S$0.545 on 7 August, with a flat month and a weaker quarter behind it, even as one-year earnings growth outpaced its five-year trend and the P/E sat slightly below peers.
The headline from this half year is margin and earnings resilience. Trailing 12 month net profit of S$20.754 million on S$155.683 million of revenue points to a healthy 13.3%...