LGB Forge Shows Slight Growth in Q3

LGB Forge, a microcap company in the castings and forgings industry, recently announced its financial results for the quarter ended September 2023. The company's net sales showed a slight growth of 0.81% compared to the previous quarter, which saw a decline of 11.86%. Standalone net profit also showed a significant improvement of 35.07% compared to a decline of 61.45% in the previous quarter.

The company's operating profit (PBDIT) excluding other income also showed a positive trend with a growth of 113.40% compared to a decline of 410.53% in the previous quarter. However, interest expenses saw a growth of 39.44% compared to 7.58% in the previous quarter.

Despite the flat financial performance, LGB Forge's overall score has improved from -5 to -3 in the last three months. The company's operating profit and margin have shown positive trends, with the highest figures in the last five quarters. On the other hand, the company's operating cash flow has been consistently falling over the last three years.

Investors should take note of LGB Forge's financial performance in the quarter ended September 2023, as it may indicate the company's future potential. However, it is important to note that this article is based on facts and does not mention any investor interest or expert opinions. The stock call for LGB Forge by MarketsMOJO is 'Sell', but it is ultimately up to individual investors to make their own decisions based on the company's financials.