1H21: Below Expectations Due To Costs; Price Increase Should Improve Earnings FEH's 1H21 net profit of US$11.5m (-13.2% yoy) is below expectation, forming 37% of our full-year estimate. Margins came under pressure due to high commodity prices and record-high ocean freight rates. We believe earnings should improve via price increases and normalisation of costs. All […]

Read more of this post


This post is ad-supported