Panama Petrochem Reports Decline in Profits, Revises Financial Score Amid Challenges in May 2025

May 26 2025 03:31 PM IST
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Panama Petrochem announced its financial results for the quarter ending March 2025, revealing a decline in both profit before tax and profit after tax compared to previous quarters. The company's score has also been revised, reflecting the current financial challenges it faces in the oil industry.
Panama Petrochem has recently reported its financial results for the quarter ending March 2025, with the announcement made on May 26, 2025. The company operates within the oil industry and is categorized as a small-cap entity.

In this latest quarter, Panama Petrochem's financial performance has shown a notable shift, as reflected in the adjustments to its evaluation. The profit before tax (PBT) for the quarter stood at Rs 51.64 crore, which represents a decline compared to the average PBT of Rs 58.41 crore from the previous four quarters. Similarly, the profit after tax (PAT) was reported at Rs 44.27 crore, also lower than the average PAT of Rs 50.94 crore from the same prior period. These figures indicate a challenging near-term trend for both PBT and PAT.

As a result of these developments, Panama Petrochem's score has experienced a revision, moving from 3 to -4 over the last three months. This change reflects the underlying financial dynamics the company is currently navigating.

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