Renrui Human Resources Technology Holdings Full Year 2023 Earnings: EPS: CN¥0.27 (vs CN¥0.048 loss in FY 2022)

Renrui Human Resources Technology Holdings (HKG:6919) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥4.47b (up 23% from FY 2022).
• Net income: CN¥41.0m (up from CN¥7.30m loss in FY 2022).
• Profit margin: 0.9% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: CN¥0.27 (up from CN¥0.048 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Renrui Human Resources Technology Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Professional Services industry in Asia.

Performance of the market in Hong Kong.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Renrui Human Resources Technology Holdings you should be aware of.

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