In the first half of the current fiscal year, we achieved remarkable year-over-year growth and reached “Grand Slam” record highs in terms of revenue, gross profit, net profit and basic earnings per share when compared with the corresponding period of all prior fiscal years since listed. We sincerely thank all customers, partners, employees, directors and shareholders for their continued tremendous support!
Expert Systems Holdings Limited interim results for the six months ended 30 September 2022.
Read the detail results announcement here: https://www.expertsystems.com.hk/wp-content/uploads/2022/11/20221108-InterimReportAnn_Nov2022.pdf
Highlights:
- Revenue for the six months ended 30 September 2022 (the “Reporting Period”) increased by approximately 80.4% from that for the six months ended 30 September 2021 (the “Corresponding Period”) to approximately HK$411.8 million.
- Gross profit for the Reporting Period increased by approximately 92.9% from the Corresponding Period to approximately HK$67.1 million.
- Profit for the Reporting Period increased by approximately 162.1% to approximately HK$13.2 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$4.7 million received from various governments during the Reporting Period, the adjusted profit for the Reporting Period amounted to approximately HK$8.4 million, representing an increase of approximately 3.5% from HK$8.1 million in Corresponding Period.
- Basic earnings per share increased by approximately 120.6% from approximately HK0.63 cent for the Corresponding Period to approximately HK1.39 cents for the Reporting Period.