Ruby Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 4.51 %, QoQ Up 29.95 %

The comprehensive analytics outlining the performance and outlook of Ruby Mills 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 Ruby Mills Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.51 %. However, it did see a marginal increase of 29.95 % from the previous quarter. Expenses ticked up slightly by 33.8 % quarter-on-quarter, aligning with the annual decline of -12.5 %. Operating profit, while up 30.73 % compared to last year, faced a quarter-on-quarter increase of 19.78 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.82 %, but a shrinkage of -2.14 % sequentially. Other income rose by 98.02 % compared to the last quarter, despite an annual growth of 174.18 %. Interest expenses dropped significantly by -32.46 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.47 %. Depreciation costs fell by -23.25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.17 %. Profit before tax grew annually by 62.5 % but saw an increase from the preceding quarter by 44.05 %.
Tax expenses as a percentage of profits increased slightly by 8.41 % compared to last year, with a more notable quarter-on-quarter decrease of -1.12 %. Net profit rose by 46.47 % year-on-year but experienced a 46.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.62 % but a quarterly rise of 45.18 %. In summary, Ruby Mills Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Ruby Mills Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.51 % year-on-year, however, there was a minor increase of 29.95 % from the previous quarter. Expenses decreased by -12.5 % compared to the previous year, with a 33.8 % increase quarter-on-quarter. Operating Profit surged by 30.73 % annually, and saw a 19.78 % increase from the last quarter.
Net Profit showed yearly increase of 46.47 %, and experienced a 46.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 45.62 % annually, however rose by 45.18 % compared to the last quarter. In essence, while Ruby Mills 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.