In the first nine months of the current fiscal year, we continued achieving remarkable “Grand Slam” year-over-year growth in terms of revenue, gross profit, net profit and basic earnings per share when compared with the corresponding period of the last fiscal year. We sincerely thank all customers, partners, employees, directors and shareholders for their continued tremendous support!
Expert Systems Holdings Limited third quarterly results for the nine months ended 31 December 2022.
Read the detail results announcement here: https://www.expertsystems.com.hk/wp-content/uploads/2023/02/20230209-3QResultsAnnouncement_Feb23.pdf
- Revenue for the nine months ended 31 December 2022 (the “Reporting Period”) increased by approximately 51.1% from that for the nine months ended 31 December 2021 (the “Corresponding Period”) to approximately HK$667.4 million.
- Gross profit for the Reporting Period increased by approximately 46.9% from the Corresponding Period to approximately HK$105.1 million.
- Profit for the Reporting Period increased by approximately 41.4% to approximately HK$19.9 million as compared to the Corresponding Period. Excluding one-off professional fees of approximately HK$3.1 million in relation to the acquisition of 70% of the issued share capital of ServiceOne International Holdings Limited recorded in the Corresponding Period and the COVID-19 government subsidies of approximately HK$5.2 million received from various governments during the Reporting Period (2021: HK$0.3 million), the adjusted profit for the Reporting Period amounted to approximately HK$14.7 million, representing a decrease of approximately 12.8% from HK$16.9 million in the Corresponding Period.
- Basic earnings per share increased by approximately 32.1% from approximately HK1.56 cents for the Corresponding Period to approximately HK2.06 cents for the Reporting Period.