Gree Earnings: Valuation Cut 4% Due to Softer Overseas Revenue Forecast; Shares Undervalued
Gree's revenue grew 8%, and operating profit grew 2% year-on-year in the first half of 2026. While contraction in overseas revenue and other business income hit the topline, operating margin still rose to 16.1% from 15.1% a year ago, driven by positive earnings mix shifts and cost optimization.