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Panama Petrochem : Q4 2024 Financial Quarterly Report : YoY Sales Up 45.17 %, QoQ Up 44.77 %

June 13, 2024June 13, 2024| adminadmin| 0 Comments| 4:40 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 45.17 % in the past year, substantial increase in net sales/revenue by 44.77 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 17.25 %. Marginal increase in other income during this quarter, up by 47.35%.
  • Profit over the Year and quarter: Significant improvement in profitability for Panama Petrochem Ltd.. Notable increase of 20.02 % in net profit Year to Year, Panama Petrochem Ltd.’s profitability increased by 47.44 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 20.00 % Year to Year. EPS increased by 47.37 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Panama Petrochem 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 510.4 Cr Rs. 511.83 Cr Rs. 740.97 Cr + 44.77 % + 45.17 %
Expenses Rs. 444.28 Cr Rs. 455.62 Cr Rs. 662.8 Cr + 45.47 % + 49.19 %
Operating Profit Rs. 66.12 Cr Rs. 56.21 Cr Rs. 78.17 Cr + 39.07 % + 18.22 %
OPM % 12.95 % 10.98 % 10.55 % -0.43 % -2.4 %
Other Income Rs. 2.84 Cr Rs. 2.26 Cr Rs. 3.33 Cr + 47.35 % + 17.25 %
Interest Rs. 4.06 Cr Rs. 4.25 Cr Rs. 5.14 Cr + 20.94 % + 26.6 %
Depreciation Rs. 2.33 Cr Rs. 2.4 Cr Rs. 2.62 Cr + 9.17 % + 12.45 %
Profit before tax Rs. 62.57 Cr Rs. 51.82 Cr Rs. 73.74 Cr + 42.3 % + 17.85 %
Tax % 18.79 % 20.19 % 17.3 % -2.89 % -1.49 %
Net Profit Rs. 50.81 Cr Rs. 41.36 Cr Rs. 60.98 Cr + 47.44 % + 20.02 %
EPS in Rs Rs. 8.4 Rs. 6.84 Rs. 10.08 + 47.37 % + 20 %


Today, we’re looking at Panama Petrochem Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 45.17 %. However, it did see a marginal increase of 44.77 % from the previous quarter. Expenses ticked up slightly by 45.47 % quarter-on-quarter, aligning with the annual rise of 49.19 %. Operating profit, while up 18.22 % compared to last year, faced a quarter-on-quarter increase of 39.07 %, 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 -2.4 %, but a shrinkage of -0.43 % sequentially. Other income rose by 47.35 % compared to the last quarter, despite an annual growth of 17.25 %. Interest expenses surged remarkably by 20.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.6 %. Depreciation costs climbed by 9.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.45 %. Profit before tax grew annually by 17.85 % but saw an increase from the preceding quarter by 42.3 %.
Tax expenses as a percentage of profits decreased slightly by -1.49 % compared to last year, with a more notable quarter-on-quarter decrease of -2.89 %. Net profit rose by 20.02 % year-on-year but experienced a 47.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20 % but a quarterly rise of 47.37 %. In summary, Panama Petrochem Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 510.4 Cr Rs. 511.83 Cr Rs. 740.97 Cr + 44.77 % + 45.17 %
Expenses Rs. 444.28 Cr Rs. 455.62 Cr Rs. 662.8 Cr + 45.47 % + 49.19 %
Operating Profit Rs. 66.12 Cr Rs. 56.21 Cr Rs. 78.17 Cr + 39.07 % + 18.22 %
Net Profit Rs. 50.81 Cr Rs. 41.36 Cr Rs. 60.98 Cr + 47.44 % + 20.02 %
EPS in Rs Rs. 8.4 Rs. 6.84 Rs. 10.08 + 47.37 % + 20 %


In reviewing Panama Petrochem Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 45.17 % year-on-year growth, however, there was a minor increase of 44.77 % from the previous quarter. Expenses rose by 49.19 % compared to the previous year, with a 45.47 % increase quarter-on-quarter. Operating Profit surged by 18.22 % annually, and saw a 39.07 % increase from the last quarter.
Net Profit showed yearly increase of 20.02 %, and experienced a 47.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20 % annually, however rose by 47.37 % compared to the last quarter. In essence, while Panama Petrochem Ltd. 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.

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