White Organic Agro ‘s Q1 Update: Revenue Decreases by 35.26% Year-on-Year

The comprehensive analytics outlining the performance and outlook of White Organic 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 White Organic Agro Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -35.26 %. However, it did see a marginal slip of -38.4 % from the previous quarter. Expenses decreased slightly by -43.64 % quarter-on-quarter, aligning with the annual decline of -35.75 %. Operating profit, while up 46.88 % compared to last year, faced a quarter-on-quarter increase of 83.81 %, 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 0.75 %, but an expansion of 9.59 % sequentially. Other income rose by 5720 % compared to the last quarter, despite an annual decline of -51.03 %. Profit before tax declined annually by -44.69 % but saw an increase from the preceding quarter by 168.28 %.
Tax expenses as a percentage of profits decreased slightly by -0.03 % compared to last year, with a more notable quarter-on-quarter increase of 42.89 %. Net profit fell by -44.03 % year-on-year but experienced a 163.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.37 % but a quarterly rise of 161.76 %. In summary, White Organic Agro Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing White Organic Agro Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -35.26 % year-on-year, although there was a slight dip of -38.4 % from the previous quarter. Expenses decreased by -35.75 % compared to the previous year, with a decrease of -43.64 % quarter-on-quarter. Operating Profit surged by 46.88 % annually, and saw a 83.81 % increase from the last quarter.
Net Profit showed yearly decrease of -44.03 %, and experienced a 163.03 % increase from the previous quarter. Earnings Per Share (EPS) fell by -72.37 % annually, however rose by 161.76 % compared to the last quarter. In essence, while White Organic Agro Limited faces strong annual decline 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.