Samhi Hotels Reports Mixed Financial Results

Samhi Hotels, a smallcap company in the hotel, resort, and restaurant industry, recently declared its financial results for the quarter ended September 2023. According to the analysis by MarketsMOJO, the stock call for Samhi Hotels is 'Sell'.

In the quarter ended September 2023, Samhi Hotels saw a 9.65% growth in net sales compared to a -11.12% growth in the previous quarter. The standalone net profit also showed a slight increase of 0.51% compared to a drastic decline of -1,042.02% in the previous quarter. The operating profit (PBDIT) excluding other income also showed a significant growth of 76.56% compared to a decline of -126.19% in the previous quarter. However, the interest expenses also increased by 9.56% compared to a significant increase of 139.96% in the previous quarter. Overall, the operating profit margin (excluding other income) has improved from the previous quarter.

Despite the positive growth in net sales, Samhi Hotels has seen a flat financial performance in the quarter ended September 2023. The score has fallen to -3 from 0 in the last 3 months. However, there are some positive aspects to the financials of the company. The net sales have grown at 30.4% over the average net sales of the previous four quarters, indicating a positive sales trend in the near term.

On the other hand, there are some areas that are not working for Samhi Hotels based on the September 2023 financials. The profit before tax (PBT) less other income has fallen by -78.6% compared to the average PBT of the previous four quarters. This indicates a very negative trend in the near term. Additionally, the PBT in the quarter ended September 2023 was the lowest in the last five quarters, further highlighting the negative trend. The non-operating income, which was at its highest in the last five quarters, may not be sustainable in the long term.

Overall, the financial results for the quarter ended September 2023 show a mixed performance for Samhi Hotels. While there are some positive aspects, there are also some areas that need improvement. Investors should carefully consider these factors before making any investment decisions.