[New post] UOBKH: Estun Automation

alanyeo posted: " 2Q21: Missed Expectations On Worse-than-expected Cost HikesEstun's 2Q21 net profit declined 35.7% yoy to Rmb30m, missing our and consensus estimates. This is due to a sharp margin decline at its core automation parts business, as the segment was affected" Respond to this post by replying above this line New post on Alpha Edge Investing UOBKH: Estun Automation by alanyeo 2Q21: Missed Expectations On Worse-than-expected Cost HikesEstun's 2Q21 net profit declined 35.7% yoy to Rmb30m, missing our and consensus estimates. This is due to a sharp margin decline at its core automation parts business, as the segment was affected by hikes in raw material and transport costs. Going forward, management expects margins to recover, helped […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:44 pm | Tags: Estun Automation | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3uf Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/01/uobkh-estun-automation-2/ Thanks for flying with WordPress.com