Ausom Enterprise announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Ausom Enterprise 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 Ausom Enterprise 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 772688.39 %. However, it did see a marginal increase of 22.3 % from the previous quarter. Expenses ticked up slightly by 22.02 % quarter-on-quarter, aligning with the annual rise of 101184.71 %. Operating profit, while up 721.62 % compared to last year, faced a quarter-on-quarter increase of 118.01 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 661.24 %, but an expansion of 0.23 % sequentially. Other income rose by 15.12 % compared to the last quarter, despite an annual growth of 24.58 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1517.07 % but saw an increase from the preceding quarter by 80.16 %.
Tax expenses as a percentage of profits increased slightly by 7.25 % compared to last year, with a more notable quarter-on-quarter increase of 4.9 %. Net profit rose by 54.83 % year-on-year but experienced a 127.3 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.93 % but a quarterly rise of 127.54 %. In summary, Ausom Enterprise Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Ausom Enterprise Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 772688.39 % year-on-year growth, however, there was a minor increase of 22.3 % from the previous quarter. Expenses rose by 101184.71 % compared to the previous year, with a 22.02 % increase quarter-on-quarter. Operating Profit surged by 721.62 % annually, and saw a 118.01 % increase from the last quarter.
Net Profit showed yearly increase of 54.83 %, and experienced a 127.3 % increase from the previous quarter. Earnings Per Share (EPS) rose by 54.93 % annually, however rose by 127.54 % compared to the last quarter. In essence, while Ausom Enterprise Limited exhibits strong annual growth 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.