Suncare Traders announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Suncare Traders 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 Suncare Traders Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -87.5 % quarter-on-quarter, aligning with the annual rise of 120 %. Operating profit, while down -120 % compared to last year, faced a quarter-on-quarter increase of 87.45 %, signaling a short-term expansion in margins.
but an expansion of 21916.67 % sequentially. Other income fell by -75.47 % compared to the last quarter, despite an annual growth of 293.17 %. Interest expenses surged remarkably by 800 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.77 %. but saw a reduction from the preceding quarter by -63.19 %.
Tax expenses as a percentage of profits increased slightly by 135.56 % compared to last year, with a more notable quarter-on-quarter increase of 88.01 %. Net profit rose by 40 % year-on-year but witnessed a -125.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 50 % but a quarterly fall of -125 %. In summary, Suncare Traders Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Suncare Traders Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 120 % compared to the previous year, with a decrease of -87.5 % quarter-on-quarter. Operating Profit dropped by -120 % annually, and saw a 87.45 % increase from the last quarter.
Net Profit showed yearly increase of 40 %, and experienced a -125.26 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 50 % annually, however dipped by -125 % compared to the last quarter. In essence, while Suncare Traders Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.