SGX:AWZElectronic
Multi-Chem (SGX:AWZ) Stock Grapples With Margin Squeeze And Thin Dividend Cover
Multi-Chem entered this earnings season with a reputation as a quietly cheap electronics supplier and a stock that had already logged a solid 90 day gain of about 10%. Yet the fresh H1 2026 numbers tell a more complicated story. Trailing net profit margin now sits at 3.9% while earnings over the past year softened against a five year earnings growth record of 5.8% a year. The headline is not growth. It is pressure on profitability and on a dividend yield of 7.78% that is not well covered by...