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View All NewsArtner full year revenue increases 9.4% as profits tick up
Japanese recruitment firm Artner (2163: JP) reported revenue today for the full year ended 31 January 2024 of JPY 10.11 billion (USD 68.4 million), an increase of 9.4% when compared to the same period last year.
| (JPY millions) | FY 2023 | FY 2022 | Change | FY 2023 (USD millions) |
| Revenue | 10,110 | 9,242 | 9.4% | 68.4 |
| Gross Profit | 3,539 | 3,073 | 14.9% | 23.9 |
| Gross Margin | 35.0% | 33.2% | - | - |
| Operating Profit | 1,522 | 1,194 | 27.5% | 10.3 |
| Net Income | 1,051 | 895 | 17.5% | 7.1 |
Artner provides employment recruitment services across Japan, offering permanent, temporary, and contract staffing services. Artner is also involved in the provision of mechanical design, electrical and electronic design, software, and chemical and bio-based research and development services.
Looking ahead the company forecasted revenue of JPY 10.65 billion for the year ended 31 January 2025.
Artner shares closed at JPY 2,381.00 (USD 16.11), up 0.25% on the day and 9.50% below its 52-week high of JPY 2,631.00 (USD 17.80), set on 7 March 2024. The company has a market cap of JPY 25.24 billion (USD 170.70 million).