Joindre Capital Reports Positive Financial Performance

Joindre Capital Services, a microcap finance company, has recently announced its financial results for the quarter ended September 2023. The company has shown a significant growth in its net sales, consolidated net profit, and operating profit (PBDIT) excluding other income. The interest expenses have also decreased by 66.67% compared to the previous quarter.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Joindre Capital is 'Hold'. The company's financial performance for the quarter has been positive, with a score of 8 compared to -3 in the previous quarter.

The company's profit before tax (PBT) has grown by 130.8% compared to the average PBT of the previous four quarters. The net sales have also shown a growth of 43.2% compared to the average of the previous four quarters. This is the highest net sales in the last five quarters, indicating a positive trend in the company's sales.

Joindre Capital's operating profit (PBDIT) for the quarter is the highest in the last five quarters, showing a positive trend in the company's profitability. The operating profit margin has also improved, indicating an increase in the company's efficiency.

The company's profit after tax (PAT) and earnings per share (EPS) for the quarter are also the highest in the last five quarters, showing an increase in profitability and creating higher earnings for shareholders.

However, the company's operating cash flow has been consistently falling in the last three years, which is a cause for concern. Joindre Capital needs to focus on improving its cash revenues from business operations.

Overall, Joindre Capital has shown a positive financial performance for the quarter ended September 2023. Investors should keep a close eye on the company's cash flow and future financial results to make informed investment decisions.