Stock Analysis

Frencken Group First Half 2024 Earnings: EPS: S$0.042 (vs S$0.028 in 1H 2023)

SGX:E28
Source: Shutterstock

Frencken Group (SGX:E28) First Half 2024 Results

Key Financial Results

  • Revenue: S$372.7m (up 6.2% from 1H 2023).
  • Net income: S$18.1m (up 50% from 1H 2023).
  • Profit margin: 4.9% (up from 3.4% in 1H 2023). The increase in margin was driven by higher revenue.
  • EPS: S$0.042 (up from S$0.028 in 1H 2023).
earnings-and-revenue-growth
SGX:E28 Earnings and Revenue Growth August 19th 2024

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

Frencken Group Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Machinery industry in Singapore.

Performance of the Singaporean Machinery industry.

The company's shares are up 12% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Frencken Group's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.