GRANDMA TRADING & AGENCIES ‘s Q1 Results: Profit Drops by 316.67% YoY

The comprehensive analytics outlining the performance and outlook of GRANDMA TRADING & AGENCIES 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 GRANDMA TRADING & AGENCIES LTD’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 66.67 % quarter-on-quarter, aligning with the annual rise of 316.67 %. Operating profit, while down -316.67 % compared to last year, faced a quarter-on-quarter dip of -1150 %, signaling a short-term contraction in margins.
but an expansion of 15.75 % sequentially. Profit before tax declined annually by -316.67 % but saw a reduction from the preceding quarter by -377.78 %.
with a more notable quarter-on-quarter decrease of -19.35 %. Net profit fell by -316.67 % year-on-year but witnessed a -412.5 % contraction from the last quarter. but a quarterly fall of -300 %. In summary, GRANDMA TRADING & AGENCIES LTD’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing GRANDMA TRADING & AGENCIES LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 316.67 % compared to the previous year, with a 66.67 % increase quarter-on-quarter. Operating Profit dropped by -316.67 % annually, and saw a -1150 % decrease from the last quarter.
Net Profit showed yearly decrease of -316.67 %, and experienced a -412.5 % decrease from the previous quarter. however dipped by -300 % compared to the last quarter. In essence, while GRANDMA TRADING & AGENCIES 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.