Zodiac Clothing Company Reports Mixed Performance

Zodiac Clothing Company, a microcap textile company, has recently announced its financial results for the quarter ended September 2023. The company's net sales for the quarter showed a decline of 2.21% compared to the previous quarter, while its consolidated net profit also decreased by 19.32%. The operating profit (PBDIT) excluding other income, however, showed a growth of 37.98% in the same quarter.

The company's interest expenses also increased by 22.76% in the quarter, but its operating profit margin (excluding other income) showed improvement compared to the previous quarter. The overall financial performance of Zodiac Clothing Company for the quarter has been negative, with a score of -9, which has improved from -12 in the last three months.

Despite the negative performance, there are some positive aspects to the company's financials. The operating cash flow has been consistently growing over the last three years, and the debtors turnover ratio has also improved, indicating faster settlement of debts.

However, there are also some concerning factors, such as the significant decline in net sales and profit after tax (PAT) for the quarter. The company's earnings per share (EPS) and cash and cash equivalents have also shown a decline, indicating lower profitability and deteriorating short-term liquidity.

Overall, the financial results for the quarter ended September 2023 show a mixed performance for Zodiac Clothing Company. Investors should carefully consider these factors before making any investment decisions.