West Coast Paper Mills Reports Negative Financial Results for Q1 FY25

West Coast Paper Mills, a smallcap company in the paper and paper products industry, recently announced its financial results for the quarter ending June 2024. According to MarketsMOJO, the stock call for West Coast Paper is ‘Sell’.

The company’s financial performance for the quarter has been very negative, with a score of -21, which has improved from -25 in the last three months. However, there are some positive aspects to the financials as well.

One of the strengths of West Coast Paper is its Debtors Turnover Ratio, which is the highest at 17.29 times in the last five half yearly periods. This indicates that the company has been able to settle its debtors faster.

On the other hand, there are some areas of concern in the financials. The Profit Before Tax less Other Income (PBT) for the quarter has fallen by -44.9% compared to the average PBT of the previous four quarters. The Profit After Tax (PAT) has also fallen by -34.2% compared to the average PAT of the previous four quarters. The Net Sales for the quarter have also seen a decline of -13.6% compared to the average Net Sales of the previous four quarters.

Moreover, the PAT and Net Sales for the quarter are the lowest in the last five quarters, indicating a negative trend in the near term. The Earnings per Share (EPS) for the quarter are also the lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.

In addition, the company’s Cash and Cash Equivalents for the half yearly period are the lowest in the last six periods, indicating a deteriorating short term liquidity.

Overall, the financial results for the quarter ending June 2024 for West Coast Paper Mills have been negative, with some strengths and weaknesses. Investors should carefully consider these factors before making any investment decisions.