First Sponsor Group Full Year 2023 Earnings: EPS: S$0.013 (vs S$0.14 in FY 2022)

First Sponsor Group (SGX:ADN) Full Year 2023 Results

Key Financial Results

• Revenue: S$282.9m (down 34% from FY 2022).

• Net income: S$12.5m (down 91% from FY 2022).

• Profit margin: 4.4% (down from 31% in FY 2022). The decrease in margin was driven by lower revenue.

• EPS: S$0.013 (down from S$0.14 in FY 2022).

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

First Sponsor Group's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 6 warning signs for First Sponsor Group (4 can't be ignored!) that you should be aware of before investing here.

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