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Vibrant Group reports earnings of $3.5 mil for 1HFY2023, up 20.4% y-o-y

Bryan Wu
Bryan Wu • 2 min read
Vibrant Group reports earnings of $3.5 mil for 1HFY2023, up 20.4% y-o-y
Vibrant's gross profit increase to $30.4 million, a 29% increase compared to last year.
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Vibrant Group reported an earnings increase of 20.4% to $3.5 million for the 1HFY2023 ended October, up from $2.9 million a year ago.

This translates to earnings per share of 51 cents for the period, compared to 43 cents for 1HFY2022.

Vibrant’s revenue for 1HFY2023 was $95.5 million, with a cost of sales of $65.1 million, compared to $93.7 million and $70.0 million for the period last year. This saw its gross profit increase to $30.4 million, a 29% increase compared to last year.

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