Super Spinning Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 85.1 %, QoQ Up 77.67 %

The comprehensive analytics outlining the performance and outlook of Super Spinning 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 Super Spinning 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 -85.1 %. However, it did see a marginal increase of 77.67 % from the previous quarter. Expenses decreased slightly by -280 % quarter-on-quarter, aligning with the annual decline of -101.88 %. Operating profit, while up 287.97 % compared to last year, faced a quarter-on-quarter increase of 133.86 %, 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 122.81 %, but an expansion of 27.34 % sequentially. Other income fell by -153.7 % compared to the last quarter, despite an annual decline of -5237.5 %. Interest expenses surged remarkably by 30.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Depreciation costs climbed by 57.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.79 %. Profit before tax grew annually by 28.57 % but saw a reduction from the preceding quarter by -100.93 %.
Tax expenses as a percentage of profits decreased slightly by -969.28 % compared to last year, with a more notable quarter-on-quarter decrease of -1003.13 %. Net profit fell by -51.09 % year-on-year but witnessed a -875.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.7 % but a quarterly fall of -872.73 %. In summary, Super Spinning Mills Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Super Spinning Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -85.1 % year-on-year, however, there was a minor increase of 77.67 % from the previous quarter. Expenses decreased by -101.88 % compared to the previous year, with a decrease of -280 % quarter-on-quarter. Operating Profit surged by 287.97 % annually, and saw a 133.86 % increase from the last quarter.
Net Profit showed yearly decrease of -51.09 %, and experienced a -875.21 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50.7 % annually, however dipped by -872.73 % compared to the last quarter. In essence, while Super Spinning 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.