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Sheffield Green reverses FY2022 loss to post US3.5 mil earnings for FY2023

Bryan Wu
Bryan Wu • 3 min read
Sheffield Green reverses FY2022 loss to post US3.5 mil earnings for FY2023
Sheffield Green's CEO Bryan Kee. Photo: Albert Chua/The Edge Singapore
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Sheffield Green (SGX:SGR) has announced earnings of US$3.5 million ($4.6 million) for the FY2023 ended June 30, reversing its loss of US$0.2 million for FY2022.

The human resource services provider for the renewable energy industry closed its initial public offering (IPO) for 3.6 million shares at 25 cents apiece on Oct 26.

For the full-year period ended June 30, the company’s revenue increased by 255.4% y-o-y to US$27.6 million, driven by the strong growth in its human resource services business segment, which increased by 284.9% compared to the previous year.

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