Crest Ventures announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Crest Ventures 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 Crest Ventures Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 149.23 %. However, it did see a marginal increase of 94.44 % from the previous quarter. Expenses decreased slightly by -40.14 % quarter-on-quarter, aligning with the annual decline of -23.42 %. Operating profit, while up 287.25 % compared to last year, faced a quarter-on-quarter increase of 201.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 30.77 %, but an expansion of 30.68 % sequentially. Other income fell by -90.56 % compared to the last quarter, Interest expenses dropped significantly by -7.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.46 %. Depreciation costs fell by -35.09 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.65 %. Profit before tax grew annually by 479.33 % but saw an increase from the preceding quarter by 301.4 %.
Tax expenses as a percentage of profits decreased slightly by -18.05 % compared to last year, with a more notable quarter-on-quarter decrease of -8.46 %. Net profit rose by 751.97 % year-on-year but experienced a 323.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 740.29 % but a quarterly rise of 383.52 %. In summary, Crest Ventures Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Crest Ventures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 149.23 % year-on-year growth, however, there was a minor increase of 94.44 % from the previous quarter. Expenses decreased by -23.42 % compared to the previous year, with a decrease of -40.14 % quarter-on-quarter. Operating Profit surged by 287.25 % annually, and saw a 201.58 % increase from the last quarter.
Net Profit showed yearly increase of 751.97 %, and experienced a 323.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 740.29 % annually, however rose by 383.52 % compared to the last quarter. In essence, while Crest Ventures Limited 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.