Asian Warehousing announces Q1 Report: Revenue Dropped by 8.71% YoY

The comprehensive analytics outlining the performance and outlook of Asian Warehousing 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 Asian Warehousing Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.71 %. However, it did see a marginal increase of 8.55 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 33.33 %. Operating profit, while down -18.92 % compared to last year, faced a quarter-on-quarter increase of 11.11 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.01 %, but an expansion of 1.65 % sequentially. Interest expenses dropped significantly by -31.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.65 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -71.43 % but saw an increase from the preceding quarter by 150 %.
Tax expenses as a percentage of profits increased slightly by 170.43 % compared to last year, with a more notable quarter-on-quarter increase of 358.48 %. Net profit rose by 0 % year-on-year but experienced a 116.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.7 % but a quarterly rise of 123.53 %. In summary, Asian Warehousing Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Asian Warehousing Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.71 % year-on-year, however, there was a minor increase of 8.55 % from the previous quarter. Expenses rose by 33.33 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit dropped by -18.92 % annually, and saw a 11.11 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 116.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.7 % annually, however rose by 123.53 % compared to the last quarter. In essence, while Asian Warehousing 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.