Surprising share price moves
Two companies covered here supporting the hospitality sector have experienced contrasting fortunes over the year, with the shares of one bizarrely back close to pre-pandemic highs. Is it justified?
Churchill China: surprising share price rise
Interim results from Churchill China (AIM: CHH), the manufacturer of ceramic products serving hospitality markets, cover another mixed period for the business, although you wouldn’t believe it from the rising share price.
Revenues for the 6 months to 30 June 2021 rose 27% to £23.9m, although that was against weak comparatives. Sales in the first four months were well below the comparable periods for both 2019…
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