Artner H1 revenue climbs 8.8%, profits grow
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Japanese recruitment firm Artner (2163: JP) reported revenue on 9 September 2024 for the six months ended 31 July 2024 of JPY 5.44 billion (USD 38.0 million), an increase of 8.8% compared to the same period last year.
(JPY millions) | H1 2024 | H1 2023 | Change | H1 2024 (USD millions) |
Revenue | 5,447 | 5,006 | 8.8% | 38.0 |
Gross profit | 2,129 | 1,890 | 12.6% | 14.8 |
Gross margin | 39.1% | 37.7% | - | - |
Operating income | 960 | 882 | 8.9% | 6.7 |
Net income | 671 | 617 | 8.8% | 4.7 |
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 (USD 74.3 million) for the year ended 31 January 2025.
Artner shares closed on 9 September at JPY 1,752 (USD 12.23), down 0.39% on the day. The company has a market cap of JPY 19.74 billion (USD 137.82 million).