Zodiac Clothing Company announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Zodiac Clothing Company 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 Zodiac Clothing Company 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 16.75 %. However, it did see a marginal slip of -14.82 % from the previous quarter. Expenses decreased slightly by -6.47 % quarter-on-quarter, aligning with the annual rise of 22.27 %. Operating profit, while down -54.22 % compared to last year, faced a quarter-on-quarter dip of -64.24 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.54 %, but a shrinkage of -10.97 % sequentially. Other income rose by 1386.67 % compared to the last quarter, despite an annual growth of 255.71 %. Interest expenses surged remarkably by 2.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.34 %. Depreciation costs climbed by 0.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22 %. Profit before tax declined annually by -0.64 % but saw an increase from the preceding quarter by 24.26 %.
Tax expenses as a percentage of profits increased slightly by 3.22 % compared to last year, with a more notable quarter-on-quarter decrease of -0.1 %. Net profit fell by -4.09 % year-on-year but experienced a 24.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.31 % but a quarterly rise of 24.22 %. In summary, Zodiac Clothing Company Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Zodiac Clothing Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.75 % year-on-year growth, although there was a slight dip of -14.82 % from the previous quarter. Expenses rose by 22.27 % compared to the previous year, with a decrease of -6.47 % quarter-on-quarter. Operating Profit dropped by -54.22 % annually, and saw a -64.24 % decrease from the last quarter.
Net Profit showed yearly decrease of -4.09 %, and experienced a 24.34 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.31 % annually, however rose by 24.22 % compared to the last quarter. In essence, while Zodiac Clothing Company 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.