UOL Group First Half 2023 Earnings: EPS: S$0.16 (vs S$0.44 in 1H 2022)

UOL Group (SGX:U14) First Half 2023 Results

Key Financial Results

• Revenue: S$1.37b (down 11% from 1H 2022).
• Net income: S$135.0m (down 64% from 1H 2022).
• Profit margin: 9.9% (down from 24% in 1H 2022). The decrease in margin was primarily driven by lower revenue.
• EPS: S$0.16 (down from S$0.44 in 1H 2022).

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

UOL Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Real Estate industry in Singapore.

Performance of the Singaporean Real Estate industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

Be aware that UOL Group is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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