Tinna Rubber And Infrastructure announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Tinna Rubber and Infrastructure 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 Tinna Rubber and Infrastructure 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 69.01 %. However, it did see a marginal increase of 23.81 % from the previous quarter. Expenses ticked up slightly by 27.29 % quarter-on-quarter, aligning with the annual rise of 61.93 %. Operating profit, while up 110.58 % compared to last year, faced a quarter-on-quarter increase of 10.23 %, 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 3.59 %, but a shrinkage of -2.23 % sequentially. Other income fell by -59.34 % compared to the last quarter, despite an annual growth of 34.49 %. Interest expenses surged remarkably by 24.37 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.62 %. Depreciation costs climbed by 13.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 64.89 %. Profit before tax grew annually by 126.98 % but saw an increase from the preceding quarter by 3.83 %.
Tax expenses as a percentage of profits decreased slightly by -2.75 % compared to last year, with a more notable quarter-on-quarter increase of 3.7 %. Net profit rose by 132.48 % year-on-year but experienced a 4.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.28 % but a quarterly rise of 4.7 %. In summary, Tinna Rubber and Infrastructure Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Tinna Rubber and Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 69.01 % year-on-year growth, however, there was a minor increase of 23.81 % from the previous quarter. Expenses rose by 61.93 % compared to the previous year, with a 27.29 % increase quarter-on-quarter. Operating Profit surged by 110.58 % annually, and saw a 10.23 % increase from the last quarter.
Net Profit showed yearly increase of 132.48 %, and experienced a 4.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.28 % annually, however rose by 4.7 % compared to the last quarter. In essence, while Tinna Rubber and Infrastructure 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.