Oriental Aromatics Shares Dip After Profit Fall

  Published 1 year ago

Oriental Aromatics shares fell 7.9% following an 85.9% year-over-year drop in Q4 net profit. Higher raw material costs drove a 22.4% increase in total expenses, ending a four-session winning streak for the stock.

  • Q4 net profit plummeted 85.9% year-over-year.
  • Raw material costs increased total expenses by 22.4%.
  • Trading volume nearly doubled the 30-day average.

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