Kemistar Corporation announces Q1 results: Profit Rises by 85.71% YoY

The comprehensive analytics outlining the performance and outlook of Kemistar Corporation 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 Kemistar Corporation 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 73.13 %. However, it did see a marginal slip of -13.83 % from the previous quarter. Expenses decreased slightly by -7.84 % quarter-on-quarter, aligning with the annual rise of 75 %. Operating profit, while up 57.14 % compared to last year, faced a quarter-on-quarter dip of -47.62 %, 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 -0.93 %, but a shrinkage of -5.89 % sequentially. Other income rose by 170 % compared to the last quarter, despite an annual growth of 200 %. Interest expenses surged remarkably by 40 % from the previous quarter, yet the year-over-year increase remains at a moderate 180 %. Depreciation costs fell by -52.63 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 85.71 % but saw a reduction from the preceding quarter by -62.86 %.
Tax expenses as a percentage of profits decreased slightly by -3.9 % compared to last year, with a more notable quarter-on-quarter decrease of -44.71 %. Net profit rose by 85.71 % year-on-year but witnessed a -31.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 71.43 % but a quarterly fall of -33.33 %. In summary, Kemistar Corporation Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Kemistar Corporation Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 73.13 % year-on-year growth, although there was a slight dip of -13.83 % from the previous quarter. Expenses rose by 75 % compared to the previous year, with a decrease of -7.84 % quarter-on-quarter. Operating Profit surged by 57.14 % annually, and saw a -47.62 % decrease from the last quarter.
Net Profit showed yearly increase of 85.71 %, and experienced a -31.58 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 71.43 % annually, however dipped by -33.33 % compared to the last quarter. In essence, while Kemistar Corporation Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.