SGX:MV4Food
Mewah International (SGX:MV4) Stock Looks Cheap But Margins Keep Crumbling
Mewah International went into this earnings release with its stock parked at SGD0.29, after a solid 7-day gain but a weaker 90-day stretch. The market has treated it as a lowly valued edible oils processor with a big valuation gap; however, H1 2026 results keep shining a spotlight on wafer thin profitability. Net profit margin over the last 12 months sat at just 0.5% and earnings have been weighed down by a one off loss of US$16.1m. That is the real story investors now have to price against...