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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -78.57 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mid East Portfolio Management Ltd.. Profit dropped by -89.43 % Year to Year, Mid East Portfolio Management Ltd.’s profitability increased by 0 % in this quarter.
- EPS over the Year and quarter: EPS declined by -88.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. Cr | Rs. Cr | Rs. Cr | 0 % | % |
Expenses | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. -0.02 Cr | + 0 % | + 0 % |
OPM % | % | % | % | 0 % | 0 % |
Other Income | Rs. 0.14 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -78.57 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.12 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -91.67 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -91.67 % |
EPS in Rs | Rs. 0.25 | Rs. 0.03 | Rs. 0.03 | + 0 % | -88 % |
Today, we’re looking at Mid East Portfolio Management Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
Other income rose by 0 % compared to the last quarter, despite an annual decline of -78.57 %. Profit before tax declined annually by -91.67 % but saw an increase from the preceding quarter by 0 %.
Net profit fell by -91.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88 % but a quarterly rise of 0 %. In summary, Mid East Portfolio Management Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. Cr | Rs. Cr | Rs. Cr | 0 % | % |
Expenses | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. -0.02 Cr | + 0 % | + 0 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -91.67 % |
EPS in Rs | Rs. 0.25 | Rs. 0.03 | Rs. 0.03 | + 0 % | -88 % |
In reviewing Mid East Portfolio Management Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -91.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -88 % annually, however rose by 0 % compared to the last quarter. In essence, while Mid East Portfolio Management Ltd. 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.