Deco-Mica ‘s Q1 Update: Revenue Decreases by 2.55% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Deco-Mica 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 Deco-Mica Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.55 %. However, it did see a marginal slip of -40.75 % from the previous quarter. Expenses decreased slightly by -34.28 % quarter-on-quarter, aligning with the annual decline of -0.32 %. Operating profit, while down -43.53 % compared to last year, faced a quarter-on-quarter dip of -85.76 %, 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 -2.2 %, but a shrinkage of -9.59 % sequentially. Other income rose by 141.78 % compared to the last quarter, despite an annual growth of 267.86 %. Interest expenses dropped significantly by -28 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.89 %. Depreciation costs fell by -9.38 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.44 %. Profit before tax grew annually by 6.25 % but saw a reduction from the preceding quarter by -93.23 %.
Tax expenses as a percentage of profits increased slightly by 8.15 % compared to last year, with a more notable quarter-on-quarter increase of 5.4 %. Net profit fell by -9.09 % year-on-year but witnessed a -93.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.69 % but a quarterly fall of -93.94 %. In summary, Deco-Mica Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Deco-Mica Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.55 % year-on-year, although there was a slight dip of -40.75 % from the previous quarter. Expenses decreased by -0.32 % compared to the previous year, with a decrease of -34.28 % quarter-on-quarter. Operating Profit dropped by -43.53 % annually, and saw a -85.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -9.09 %, and experienced a -93.98 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -7.69 % annually, however dipped by -93.94 % compared to the last quarter. In essence, while Deco-Mica Ltd. 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.