MENA MANI INDUSTRIES LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 136.65 % in YoY and increased by 939.27 % in QoQ

The comprehensive analytics outlining the performance and outlook of MENA MANI INDUSTRIES 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 MENA MANI INDUSTRIES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 136.65 %. However, it did see a marginal increase of 939.27 % from the previous quarter. Expenses ticked up slightly by 824.14 % quarter-on-quarter, aligning with the annual rise of 200 %. Operating profit, while down -25.96 % compared to last year, faced a quarter-on-quarter increase of 3950 %, 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 -19.19 %, but an expansion of 11.1 % sequentially. Other income rose by 211.11 % compared to the last quarter, yet the year-over-year decrease remains at a moderate -81.25 %. Depreciation costs climbed by 133.33 % quarter-on-quarter, Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 8700 %.
Tax expenses as a percentage of profits increased slightly by 34.54 % compared to last year, with a more notable quarter-on-quarter increase of 58.84 %. Net profit fell by -44.78 % year-on-year but experienced a 3600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -95.52 % but a quarterly rise of 200 %. In summary, MENA MANI INDUSTRIES LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing MENA MANI INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 136.65 % year-on-year growth, however, there was a minor increase of 939.27 % from the previous quarter. Expenses rose by 200 % compared to the previous year, with a 824.14 % increase quarter-on-quarter. Operating Profit dropped by -25.96 % annually, and saw a 3950 % increase from the last quarter.
Net Profit showed yearly decrease of -44.78 %, and experienced a 3600 % increase from the previous quarter. Earnings Per Share (EPS) fell by -95.52 % annually, however rose by 200 % compared to the last quarter. In essence, while MENA MANI INDUSTRIES LIMITED faces strong annual decline 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.