As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes companies receive a one-off boost (or reduction) to their profit, and it’s not always clear whether statutory profits are a good guide, going forward. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding K W Nelson Interior Design and Contracting Group (HKG:8411).
We like the fact that K W Nelson Interior Design and Contracting Group made a profit of HK$27.0m on its revenue of HK$104.6m, in the last year. Happily, it has grown both its profit and revenue over the last three years, as you can see in the chart below.
View our latest analysis for K W Nelson Interior Design and Contracting Group
Of course, it is only sensible to look beyond the statutory profits and…
