Shalby : Q1 2024 Financial Quarterly Report : YoY Sales Up 18.43 %, QoQ Up 14.19 %

The comprehensive analytics outlining the performance and outlook of Shalby Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Shalby Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.43 %. However, it did see a marginal increase of 14.19 % from the previous quarter. Expenses ticked up slightly by 13.78 % quarter-on-quarter, aligning with the annual rise of 21.48 %. Operating profit, while up 4.82 % compared to last year, faced a quarter-on-quarter increase of 16.34 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.11 %, but an expansion of 0.3 % sequentially. Other income rose by 94.39 % compared to the last quarter, despite an annual growth of 113.66 %. Interest expenses surged remarkably by 25.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 195.27 %. Depreciation costs climbed by 4.94 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.1 %. Profit before tax declined annually by -7.76 % but saw an increase from the preceding quarter by 39.67 %.
Tax expenses as a percentage of profits increased slightly by 14.67 % compared to last year, with a more notable quarter-on-quarter increase of 25.18 %. Net profit fell by -29.2 % year-on-year but witnessed a -8.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.38 % but a quarterly fall of -8.05 %. In summary, Shalby Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shalby Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.43 % year-on-year growth, however, there was a minor increase of 14.19 % from the previous quarter. Expenses rose by 21.48 % compared to the previous year, with a 13.78 % increase quarter-on-quarter. Operating Profit surged by 4.82 % annually, and saw a 16.34 % increase from the last quarter.
Net Profit showed yearly decrease of -29.2 %, and experienced a -8.1 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -29.38 % annually, however dipped by -8.05 % compared to the last quarter. In essence, while Shalby Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.