Yahoo Finance Resource Development Group Full Year 2023 Earnings: EPS: AU$0.005 (vs AU$0.001 in FY 2022)
Resource Development Group (ASX:RDG) Full Year 2023 Results
Key Financial Results
Revenue: AU$59.1m (up 16% from FY 2022).
Net income: AU$13.8m (up 293% from FY 2022).
Profit margin: 23% (up from 6.9% in FY 2022). The increase in margin was primarily driven by higher revenue.
EPS: AU$0.005 (up from AU$0.001 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Resource Development Group Earnings Insights
Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Construction industry in Australia.
Performance of the Australian Construction industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Resource Development Group (1 is potentially serious!) that we have uncovered.
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