Yahoo Finance HRnetGroup Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
HRnetGroup (SGX:CHZ) Full Year 2023 Results
Key Financial Results
Revenue: S$578.5m (down 5.4% from FY 2022).
Net income: S$63.6m (down 5.9% from FY 2022).
Profit margin: 11% (in line with FY 2022).
EPS: S$0.064 (down from S$0.067 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HRnetGroup EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Professional Services industry in Asia.
Performance of the market in Singapore.
The company's shares are up 4.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - HRnetGroup has 2 warning signs (and 1 which is significant) we think you should know about.
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