Liberty Shoes Reports Positive Financial Results, Expected to Continue Growth Trend
Liberty Shoes, a major player in the consumer durables industry, has reported positive financial results for the quarter ending June 2024. The company's PBT has increased by 31.1% and PAT by 25.3% compared to the previous four quarters. MarketsMojo has given a 'Hold' call for the company's stock, indicating a positive outlook for the near future.
Liberty Shoes, a leading player in the consumer durables industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from 23 to 13 in the last 3 months.One of the key highlights of the financial results is the growth in Profit Before Tax less Other Income (PBT) which has increased by 31.1% compared to the average PBT of the previous four quarters. This is a positive trend for the company in the near term. Additionally, the Profit After Tax (PAT) has also shown a growth of 25.3% compared to the average PAT of the previous four quarters, indicating a positive trend in the near future.
MarketsMOJO, a leading financial analysis platform, has given a 'Hold' call for Liberty Shoes' stock. This suggests that investors should hold onto their current positions in the company's stock. With the positive financial performance in the quarter ending June 2024, Liberty Shoes is expected to continue its growth trajectory in the consumer durables industry.
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