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Suncity Synthetics ‘s Q2 Report: Profit Decreases by 533.33% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -1.31 % over the year, substantial increase in net sales/revenue by 21.2 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Suncity Synthetics Ltd.. Notable increase of 526.67 % in net profit Year to Year, Suncity Synthetics Ltd.’s profitability increased by 42.42 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 533.33 % Year to Year. EPS increased by 40.74 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Suncity Synthetics 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. 0.533 Cr Rs. 0.434 Cr Rs. 0.526 Cr + 21.2 % -1.31 %
Expenses Rs. 0.42 Cr Rs. 0.5 Cr Rs. 0.7 Cr + 40 % + 66.67 %
Operating Profit Rs. 0.11 Cr Rs. -0.07 Cr Rs. -0.17 Cr -142.86 % -254.55 %
OPM % 20.64 % -16.13 % -32.32 % -16.19 % -52.96 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0.022 Cr 0 % 0 %
Interest Rs. 0.06 Cr Rs. 0.02 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.08 Cr Rs. 0.05 Cr Rs. 0.04 Cr -20 % -50 %
Profit before tax Rs. -0.03 Cr Rs. -0.14 Cr Rs. -0.19 Cr -35.71 % -533.33 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -0.03 Cr Rs. -0.13 Cr Rs. -0.19 Cr -46.15 % -533.33 %
EPS in Rs Rs. -0.06 Rs. -0.27 Rs. -0.38 -40.74 % -533.33 %


Today, we’re looking at Suncity Synthetics Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.31 %. However, it did see a marginal increase of 21.2 % from the previous quarter. Expenses ticked up slightly by 40 % quarter-on-quarter, aligning with the annual rise of 66.67 %. Operating profit, while down -254.55 % compared to last year, faced a quarter-on-quarter dip of -142.86 %, 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 -52.96 %, but a shrinkage of -16.19 % sequentially. Depreciation costs fell by -20 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -533.33 % but saw a reduction from the preceding quarter by -35.71 %.
Net profit fell by -533.33 % year-on-year but witnessed a -46.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -533.33 % but a quarterly fall of -40.74 %. In summary, Suncity Synthetics 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. 0.533 Cr Rs. 0.434 Cr Rs. 0.526 Cr + 21.2 % -1.31 %
Expenses Rs. 0.42 Cr Rs. 0.5 Cr Rs. 0.7 Cr + 40 % + 66.67 %
Operating Profit Rs. 0.11 Cr Rs. -0.07 Cr Rs. -0.17 Cr -142.86 % -254.55 %
Net Profit Rs. -0.03 Cr Rs. -0.13 Cr Rs. -0.19 Cr -46.15 % -533.33 %
EPS in Rs Rs. -0.06 Rs. -0.27 Rs. -0.38 -40.74 % -533.33 %


In reviewing Suncity Synthetics Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.31 % year-on-year, however, there was a minor increase of 21.2 % from the previous quarter. Expenses rose by 66.67 % compared to the previous year, with a 40 % increase quarter-on-quarter. Operating Profit dropped by -254.55 % annually, and saw a -142.86 % decrease from the last quarter.
Net Profit showed yearly decrease of -533.33 %, and experienced a -46.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -533.33 % annually, however dipped by -40.74 % compared to the last quarter. In essence, while Suncity Synthetics 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.

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