Asian Energy Services ‘s Q3 2024-25 Latest News: Profit Decreases by 40% YoY

Today, we’re looking at Asian Energy Services Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3.32 %. However, it did see a marginal slip of -6.17 % from the previous quarter. Expenses decreased slightly by -4.58 % quarter-on-quarter, aligning with the annual decline of -1.48 %. Operating profit, while down -13.04 % compared to last year, faced a quarter-on-quarter dip of -14.74 %, 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 -1.6 %, but a shrinkage of -1.44 % sequentially. Other income rose by 83.59 % compared to the last quarter, despite an annual growth of 289.55 %. Interest expenses surged remarkably by 11.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.52 %. Depreciation costs climbed by 4.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.45 %. Profit before tax declined annually by -9.76 % but saw a reduction from the preceding quarter by -15.98 %.
Tax expenses as a percentage of profits increased slightly by 7.6 % compared to last year, with a more notable quarter-on-quarter increase of 0.14 %. Net profit fell by -40 % year-on-year but witnessed a -11.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.72 % but a quarterly fall of -15.98 %. In summary, Asian Energy Services Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Asian Energy Services Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.32 % year-on-year, although there was a slight dip of -6.17 % from the previous quarter. Expenses decreased by -1.48 % compared to the previous year, with a decrease of -4.58 % quarter-on-quarter. Operating Profit dropped by -13.04 % annually, and saw a -14.74 % decrease from the last quarter.
Net Profit showed yearly decrease of -40 %, and experienced a -11.29 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.72 % annually, however dipped by -15.98 % compared to the last quarter. In essence, while Asian Energy Services 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.