$Park-Ohio Holdings Corp (PKOH.US)$Revenue has not changed m...
$Park-Ohio Holdings Corp (PKOH.US)$Revenue has not changed much in the past 5 years. Operating profit declined continuously for 3 years after reaching a high point in 2018. Losses of $22 million were lost in 2021, while net profit was lost starting in 2020, and a loss of 226 million in 2021.
In the first three quarters of 2022, revenue increased 20%, and operating profit increased to $0.2 billion, while interest expenses had reached $26 million. Fortunately, with non-operating income of $11 million, net profit was barely 100 million.
The current market capitalization of 180 million is not very attractive.
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