Can you please share snapshot of that

Loan growth has surpassed deposit growth and Loan/Deposit ratio seems on higher side as compared to last few years. CAR is also reduced. Ability to raise deposits is going down even after increasing branches in Rural areas.
Probably it will take some time to reflect in deposits.
These could be the concerns. Also NIM will take some time to go to reasonable levels. GNPA has started moving up but should not be a major concern.

They have managed to report very good Net Profit growth in spite of all these concerns which is a Positive. I believe Management may able to overcome some of these concerns but will take few quarters.

Disclosure : invested since 2011 but have been prudent in booking profits from time to time.

If i can understand one thing about china, that is We are always in for a suprise.( may be too much of a statement !). I have often noticed analysts chasing flip floping policies.

Following is a summary of an article > China’s impressive commodity imports mask deeper complexities (msn.com)

• Record Imports in 2023:
• China experienced all-time highs in crude oil (11.28 million barrels per day), coal (61.8% increase), and iron ore (1.18 billion tons) imports, indicating rising demand.
• Crude Oil Highlights:
• Crude oil imports surged by 11%, reaching 11.28 million barrels per day in 2023.
• Growth is moderated by a modest 1.8% increase in domestic oil production and continuous crude stockpiling.
• Coal Surge and Changes Ahead:
• Coal imports saw a remarkable 61.8% increase in 2023 (474.42 million tons) due to electricity demand and temporary factors.
• Analysts anticipate a shift in 2024 as renewables rise, potentially reducing demand for thermal coal.
• Iron Ore Performance:
• Iron ore imports hit a record 1.18 billion tons in 2023, showing a 6.6% increase.
• Despite challenges in the property sector, the steel industry thrived.
• Outlook and Caution:
• Forecasts indicate sustained steel demand in 2024.
• Cautious optimism is advised considering sector complexities and potential shifts in energy dynamics.

and ultra long bonds > China weighs more stimulus with $139 billion of special bonds (msn.com)

Hope this adds value to discussion at this thread ?

Though the company is not required to declare quarterly results, the company has decided to declare quarterly results. Board is meeting on 24th January to declare quarterly results.
Macfos.pdf (664.0 KB)
It is great that a company of small size, listed on SME exchange is declaring quarterly results, coming out with investor presentation etc.