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DQC - Operating profit slumps due to margin contraction - Earnings Flash

Company Research

25 Jan 2017

DQC’s FY16 results show a sharp decline in operating margin to 7.0% in Q4 2016 from 12.7% in 9M 2016. We will delve into this issue with management after the Tet holiday. Downward revisions in earnings forecasts and target price for DQC are possible.

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