ISDN HOLDINGS Reports Q2 FY2023 Earnings Results for Period Ending June 30 2023
August 21, 2023
🌥️Earnings Overview
On August 8 2023, ISDN HOLDINGS ($SGX:I07) reported their second quarter FY2023 results, which ended on June 30 2023. Revenue for this quarter was SGD 169.2 million, representing a decrease of 11.3% compared to the same period of the previous year. Net income for the quarter was SGD 4.6 million, showing a 58.6% decrease from the same quarter of the previous year.
Stock Price
ISDN HOLDINGS reported its financial results for the second quarter of the fiscal year ending on June 30, 2023 on Tuesday. The company’s stock opened at SG$0.4 and closed at SG$0.4, a decrease of 2.4% from the previous closing price of SG$0.4. ISDN HOLDINGS’ quarterly earnings showed that the company experienced a slight decline in revenue compared to the same period last year, though overall profits remained relatively steady. Despite the slight dip in quarterly earnings, ISDN HOLDINGS’ stock has performed well over the past year. Since June 30, 2022, the company’s stock price has risen by 10%, and it is now trading at SG$0.4 per share.
The success of ISDN HOLDINGS is attributed to its strong business strategy and commitment to innovation. The company has consistently sought out new opportunities to expand its offerings and increase its market share. With continued focus on growth and development, ISDN HOLDINGS is well-positioned to capitalize on future opportunities and achieve long-term success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Isdn Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 349.23 | 8.13 | 2.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Isdn Holdings. More…
| Operations | Investing | Financing |
| 5.58 | -3.17 | -24.92 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Isdn Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 402.67 | 153.47 | 0.46 |
Key Ratios Snapshot
Some of the financial key ratios for Isdn Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.9% | 0.4% | 8.3% |
| FCF Margin | ROE | ROA |
| 0.6% | 9.1% | 4.5% |
Analysis
At GoodWhale, we conducted an analysis of ISDN HOLDINGS‘ financials and found that according to Star Chart, ISDN HOLDINGS has a high health score of 10/10 considering its cashflows and debt, indicating that it is capable to pay off debt and fund future operations. ISDN HOLDINGS’ financials are strong in asset and dividend, medium in profitability and weak in growth. Classifying the company as a ‘cow’, we conclude that ISDN HOLDINGS has the track record of paying out consistent and sustainable dividends. This makes ISDN HOLDINGS an attractive option for investors who are looking for steady, low-risk returns over the long-term. Due to its consistent and stable dividend payments, investors looking for a reliable source of income may also be interested in investing in the company. Moreover, with its high health score, investors looking for a company with financial stability may also find ISDN HOLDINGS to be an attractive option. More…
Peers
ISDN Holdings Ltd is a publicly traded company that engages in the design, manufacture, and distribution of construction materials and products. The company operates in four segments: Construction Materials, Prefabricated Buildings, Engineering Services, and Real Estate. It has a market capitalization of $1.21 billion as of November 2019. The company was founded in 1994 and is headquartered in Singapore.
ISDN Holdings Ltd’s main competitors are Praj Industries Ltd, Kandenko Co Ltd, Shen Zhen Bauing Construction Holding Group Co Ltd.
– Praj Industries Ltd ($BSE:522205)
Praj Industries Ltd is an Indian company that provides engineering solutions for the alcohol and renewable energy industries. The company has a market cap of 79.69B as of 2022 and a Return on Equity of 15.83%. Praj Industries Ltd is a leading provider of equipment and solutions for the alcohol and renewable energy industries. The company’s products and solutions are used by customers in more than 80 countries.
– Kandenko Co Ltd ($TSE:1942)
Kandenko Co Ltd is a Japanese engineering company that provides a wide range of services, including construction, consulting, and environmental remediation. The company has a market cap of 169.57B as of 2022 and a return on equity of 7.51%. Kandenko has a long history and is a well-established company in Japan.
– Shen Zhen Bauing Construction Holding Group Co Ltd ($SZSE:002047)
Shen Zhen Bauing Construction Holding Group Co Ltd is a construction company based in China. As of 2022, the company has a market capitalization of 7.43 billion US dollars and a return on equity of -35.42%. The company specializes in the construction of residential and commercial buildings, as well as infrastructure projects such as roads, bridges, and tunnels.
Summary
Investors should take note of ISDN Holdings‘ second quarter FY2023 earnings results. Total revenue decreased 11.3% from the same period of the previous year, and net income decreased 58.6%. Investors should monitor ISDN Holdings’ future performance closely to gain a better understanding of its long-term prospects.
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