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View All NewsS-Pool H1 revenue down 3.9% as HR solutions business reports decline
Japanese staffing firm S-Pool (2471: JP) reported revenue today for the six months ended 31 May 2023 of JPY 13.13 billion (USD 90.9 million), a fall of 3.9% compared with the same period last year.
| (JPY millions) | H1 2023 | H1 2022 | Change | H1 2023 (USD millions) |
| Revenue | 13,132 | 13,665 | -3.9% | 90.9 |
| Gross Profit | 4,400 | 4,400 | 2.2% | 30.4 |
| Gross Margin | 33.5% | 32.2% | - | - |
| Operating Profit | 1,493 | 1,565 | -4.6% | 10.3 |
| Net Income | 1,030 | 1,030 | 0.0% | 7.1 |
The business solutions segment saw revenue climb by 27.5% over the year. Revenue in the human resource solution business was down 20.3%
Founded in 1999, S-Pool is headquartered in Tokyo and provides outsourcing services as well as temporary staffing services in the sales and marketing and office support/secretarial support sectors.
Looking ahead the group forecasted revenue of JPY 28.28 billion (USD 195.94 million) for the year ended November 2023.
S-Pool shares closed at JPY 551.00 (USD 3.82), down 0.90% on the day and 6.58% above its 52-week low of JPY 517.00 (USD 3.58), set on 30 June 2023. The company has a market cap of JPY 43.93 billion (USD 304.37 million).