Tuni Textile Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 157.88 %, QoQ Up 128.13 %

The comprehensive analytics outlining the performance and outlook of Tuni Textile 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 Tuni Textile Mills Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 157.88 %. However, it did see a marginal increase of 128.13 % from the previous quarter. Expenses ticked up slightly by 130.77 % quarter-on-quarter, aligning with the annual rise of 163.6 %. Operating profit, while up 45.83 % compared to last year, faced a quarter-on-quarter increase of 59.09 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.08 %, but a shrinkage of -1.17 % sequentially. Other income rose by 100 % compared to the last quarter, despite an annual decline of -14.29 %. Interest expenses surged remarkably by 78.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 56.25 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax grew annually by 63.64 % but saw an increase from the preceding quarter by 63.64 %.
Tax expenses as a percentage of profits decreased slightly by -2.19 % compared to last year, with a more notable quarter-on-quarter increase of 5.99 %. Net profit rose by 50 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 0 %. In summary, Tuni Textile Mills Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Tuni Textile Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 157.88 % year-on-year growth, however, there was a minor increase of 128.13 % from the previous quarter. Expenses rose by 163.6 % compared to the previous year, with a 130.77 % increase quarter-on-quarter. Operating Profit surged by 45.83 % annually, and saw a 59.09 % increase from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 0 % compared to the last quarter. In essence, while Tuni Textile 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.