Enbee Trade & Finance Reports Mixed Performance in Q4 2023 Financial Results

Enbee Trade & Finance, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Enbee Trade has shown a flat performance in the last quarter of 2023, with a score of -4 compared to 3 in the previous quarter. However, there are some positive aspects to the company's performance.

The net sales for the nine-month period have increased by 22.32% year on year, reaching Rs 6.74 crore. This indicates a positive trend in the company's sales in the near term.

On the other hand, the profit after tax (PAT) for the quarter has decreased by -1714.3% year on year, standing at Rs -1.13 crore. This is a very negative trend for the company's profitability in the near term. The operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, standing at Rs -0.44 crore. Similarly, the profit before tax less other income (PBT) is also at its lowest in the last five quarters, standing at Rs -0.73 crore. This indicates a negative trend in the company's operating profit and overall profitability.

The earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, standing at Rs -0.79. This shows a declining profitability for the company and lower earnings for its shareholders.

Overall, Enbee Trade & Finance has shown a mixed performance in the last quarter of 2023. While there are some positive aspects to its sales, the company's profitability has taken a hit. Investors should carefully consider these factors before making any investment decisions.