ELITECON INTERNATIONAL ‘s Latest Q2 Report: Profit Up by 607.2% Year-on-Year

The comprehensive analytics outlining the performance and outlook of ELITECON INTERNATIONAL 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 ELITECON INTERNATIONAL LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2360.63 %. However, it did see a marginal increase of 59.67 % from the previous quarter. Expenses ticked up slightly by 58.89 % quarter-on-quarter, aligning with the annual rise of 5398.45 %. Operating profit, while up 324.87 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, 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 -49.65 %, but an expansion of 0.43 % sequentially. despite an annual growth of 22080 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs fell by -2.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -36.23 %. Profit before tax grew annually by 618.7 % but saw an increase from the preceding quarter by 98.65 %.
Tax expenses as a percentage of profits decreased slightly by -2.93 % compared to last year, with a more notable quarter-on-quarter decrease of -1.67 %. Net profit rose by 607.2 % year-on-year but experienced a 94.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -93.63 % but a quarterly fall of -98.24 %. In summary, ELITECON INTERNATIONAL LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing ELITECON INTERNATIONAL LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2360.63 % year-on-year growth, however, there was a minor increase of 59.67 % from the previous quarter. Expenses rose by 5398.45 % compared to the previous year, with a 58.89 % increase quarter-on-quarter. Operating Profit surged by 324.87 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly increase of 607.2 %, and experienced a 94.71 % increase from the previous quarter. Earnings Per Share (EPS) fell by -93.63 % annually, however dipped by -98.24 % compared to the last quarter. In essence, while ELITECON INTERNATIONAL 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.