Treet Batteries Limited (TBL) manufactures and supplies a variety of batteries including lead-acid, lithium and nickel-based batteries. The company is a subsidiary of Treet Corporation Limited (TCL) and operates both locally and internationally.
High Financing Costs - 70% increase in financial expenses impacting net profit. Market Conditions - Economic and political instability affecting consumer spending and sales volume.
Opporunity:
The financing cost should go down with lower interest rate environment and rescheduling of debt. Such a scenario would increase the attractiveness for long term investment.
Despite the challenges of high financing costs and a net loss, the significant increase in gross and operating profits indicates effective management and operational efficiency. However, the high debt levels and cash flow challenges need to be closely monitored.
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