Analyst corner: the Kerry Logistics–Sinotrans dichotomy
Seemingly chasing stock prices, for both
As I wrote for Ti.com this week: “2018 was a year to remember for Hong Kong-based Kerry Logistics Network, with all its main financial metrics showing the 3PL is growing while paying attention to a balanced capital structure. If anything, the fly in the ointment was represented by falling operating margins, with EBIT margin down to 9.2% from 10% one year earlier.”
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