SOMAR (TSE:8152) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
SOMAR Corporation (TSE:8152) reported strong earnings, but investors are cautious due to underlying concerns. The profit included JP¥617m from unusual items, which may not recur, potentially leading to a profit drop this year. While earnings per share have grown impressively over three years, the statutory profits may not reflect ongoing productivity. Investors are advised to consider balance sheet strength and be aware of three warning signs before investing in SOMAR.
Simplywall·