Dreamfolks Services reports flat performance in Q1, but sees 32.70% growth in net sales.

Dreamfolks Services, a smallcap company in the travel services industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Dreamfolks Services has seen a flat performance in the quarter, with a score of 3 compared to 12 in the previous quarter. However, there are some positive aspects to the company's performance. The net sales for the half-yearly period have grown by 32.70% year on year, indicating a positive sales trend in the near term.

On the other hand, there are also some areas of concern for Dreamfolks Services. The profit before tax less other income (PBT) for the quarter has fallen by -5.1% compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) for the quarter has also fallen by -5.5% compared to the average PAT of the previous four quarters.

Despite these challenges, Dreamfolks Services remains a strong player in the travel services industry. The company's financial performance will continue to be closely monitored by investors and analysts in the coming months.