CP ALL PCL Reports Second Quarter FY2023 Earnings Results
August 14, 2023
🌥️Earnings Overview
CP ALL PCL ($SGX:TCPD) reported their second quarter of FY2023 earnings results on August 10 2023, with total revenue reaching THB 225.6 billion, an 8.4% increase from the same period the previous year. Net income for the quarter was recorded at THB 4.4 billion, a 48.0% year over year increase.
Price History
At the start of trading, the stock opened at SG$2.3 and closed at SG$2.3, down by 0.4% from its previous closing price of SG$2.3. Despite this small decrease, CP ALL PCL’s stock has had a largely positive performance over the course of the year and continues to be a promising investment opportunity. The company reported strong financial numbers for the quarter. Revenues increased year-over-year and profits exceeded expectations. Management credited the success to cost control initiatives and an increase in demand for their products due to an improving macroeconomic environment. CP ALL PCL’s outlook for the rest of the fiscal year is positive.
They are expecting revenues to continue to grow and profits to remain strong. Furthermore, they are planning to expand their operations into new markets and capitalize on the increasing demand for their products. Overall, CP ALL PCL’s second quarter earnings report was a strong one and investors can have confidence in their long-term prospects. The stock’s performance this quarter reaffirms their position as a reliable investment choice. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TCPD. More…
| Total Revenues | Net Income | Net Margin |
| 867.98k | 14.85k | 1.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TCPD. More…
| Operations | Investing | Financing |
| 61.1k | -28.34k | -53.18k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TCPD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 892.01k | 600.17k | 11.38 |
Key Ratios Snapshot
Some of the financial key ratios for TCPD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.9% | 7.2% | 4.6% |
| FCF Margin | ROE | ROA |
| 3.8% | 24.2% | 2.8% |
Analysis
GoodWhale has conducted an analysis of CP ALL PCL’s wellbeing. Our Star Chart indicates that CP ALL PCL is strong in the growth category, while its profitability and asset composition have been found to be medium and weak respectively. Additionally, its dividend yield is low. We have assigned CP ALL PCL an intermediate health score of 6/10, based on its cashflows and debt. We are confident that CP ALL PCL is likely to safely ride out any crisis without the risk of bankruptcy. Based on these findings, we can conclude that CP ALL PCL is classified as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered to be less stable due to lower profitability. Therefore, investors that appreciate fast-growth companies but understand the risks associated with them may be interested in CP ALL PCL. More…
Summary
CP ALL PCL’s second quarter results of FY2023 showed strong performance compared to the same quarter a year ago. Total revenue for the quarter was THB 225.6 billion, up 8.4% from the same period in 2023. Net income rose to THB 4.4 billion, representing a 48.0% increase year over year.
These results are encouraging for potential investors, as they indicate strong returns and growth potential for the company. The positive earnings and favorable outlook make CP ALL PCL an attractive investment opportunity in the near term.
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