Asian Tea & Exports ‘s Q1 Report: Revenue Rises by 128.54% YoY

The comprehensive analytics outlining the performance and outlook of Asian Tea & Exports Ltd.‘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 Asian Tea & Exports Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 128.54 %. However, it did see a marginal slip of -34.92 % from the previous quarter. Expenses decreased slightly by -33.5 % quarter-on-quarter, aligning with the annual rise of 131.14 %. Operating profit, while up 18.18 % compared to last year, faced a quarter-on-quarter dip of -77.97 %, 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 %, but a shrinkage of -2.1 % sequentially. Other income rose by 213.77 % compared to the last quarter, despite an annual growth of 1.27 %. Interest expenses dropped significantly by -8.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.77 %. Depreciation costs fell by -46.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 166.67 %. Profit before tax grew annually by 5.66 % but saw an increase from the preceding quarter by 153.85 %.
Tax expenses as a percentage of profits increased slightly by 1.61 % compared to last year, with a more notable quarter-on-quarter increase of 4.85 %. Net profit rose by 0 % year-on-year but experienced a 150 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 150 %. In summary, Asian Tea & Exports Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Asian Tea & Exports Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 128.54 % year-on-year growth, although there was a slight dip of -34.92 % from the previous quarter. Expenses rose by 131.14 % compared to the previous year, with a decrease of -33.5 % quarter-on-quarter. Operating Profit surged by 18.18 % annually, and saw a -77.97 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 150 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 150 % compared to the last quarter. In essence, while Asian Tea & Exports Ltd. 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.