Catalist:LCCConstruction
Lum Chang Creations (Catalist:LCC) Stock Price Slides Despite 21.9% Margin
Lum Chang Creations walked into this earnings day with a share price that had fallen about 36% over three months and nearly 19% over the past month, yet the latest full year numbers tell a far calmer story. The key headline is profitability. Net profit margin over the last 12 months sat at 21.9%, roughly double the prior year, on trailing revenue of about S$101.6m.
For a construction focused group often treated as a low growth value stock, that kind of margin profile is what matters far more...