Supreme Holdings' Q1 Financial Results Show Negative Trend, Raises Concerns for Investors

Supreme Holdings & Hospitality, a microcap real estate company, recently announced its financial results for the quarter ending March 2024. The company's performance has been deemed negative, with a score of -12, showing a slight improvement from the previous quarter's score of -15.

The company's Profit Before Tax less Other Income (PBT) for the quarter has fallen by 128.93% year on year, indicating a very negative trend in the near term. Similarly, the Profit After Tax (PAT) for the half-yearly period has also decreased by 58.27% year on year, with a negative trend in the near term.

Supreme Holdings' Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, at Rs -0.25 crore. The company's Operating Profit Margin for the quarter is also at its lowest in the last five quarters, at -1.25%, indicating a deterioration in the company's efficiency.

Moreover, the company's Non-Operating Income for the quarter is 123.81% of its Profit Before Tax (PBT), which suggests that a significant portion of the company's income is coming from non-business activities. This is not a sustainable business model and may raise concerns for investors.

MarketsMOJO has given a 'Strong Sell' call for Supreme Holdings' stock, based on its financial performance for the quarter ending March 2024. With a negative trend in key financial indicators, it is important for investors to carefully evaluate the company's future prospects before making any investment decisions.