TINE AGRO : Q1 2024 Financial Quarterly Report : YoY Sales Up 1718.89 %, QoQ Up 20.82 %

The comprehensive analytics outlining the performance and outlook of TINE AGRO 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 TINE AGRO LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1718.89 %. However, it did see a marginal increase of 20.82 % from the previous quarter. Expenses ticked up slightly by 23.07 % quarter-on-quarter, aligning with the annual rise of 1619.33 %. Operating profit, while up 2913.64 % compared to last year, faced a quarter-on-quarter increase of 7.28 %, 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 4.97 %, but a shrinkage of -1.58 % sequentially. Other income fell by -25 % compared to the last quarter, Profit before tax grew annually by 2954.55 % but saw an increase from the preceding quarter by 6.67 %.
Tax expenses as a percentage of profits decreased slightly by -19.11 % compared to last year, with a more notable quarter-on-quarter decrease of -1.53 %. Net profit rose by 3806.25 % year-on-year but experienced a 8.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.16 % but a quarterly rise of 0 %. In summary, TINE AGRO LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing TINE AGRO LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1718.89 % year-on-year growth, however, there was a minor increase of 20.82 % from the previous quarter. Expenses rose by 1619.33 % compared to the previous year, with a 23.07 % increase quarter-on-quarter. Operating Profit surged by 2913.64 % annually, and saw a 7.28 % increase from the last quarter.
Net Profit showed yearly increase of 3806.25 %, and experienced a 8.13 % increase from the previous quarter. Earnings Per Share (EPS) fell by -99.16 % annually, however rose by 0 % compared to the last quarter. In essence, while TINE AGRO LIMITED 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.