SGX:QESChemicals
China Sunsine (SGX:QES) Stock Revenue Holds While Margins Keep Tightening
China Sunsine Chemical Holdings stock closed at SGD0.685 on Thursday, barely moved over the past month, even as the latest half year earnings sharpened an uncomfortable question. The headline story is not revenue or earnings per share; it is pressure on profitability in a business where margins do most of the heavy lifting for shareholder returns.
Trailing twelve month net profit margin has slipped to 11.6% compared with 13.8% a year earlier, while earnings over the past year have also...