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XMH posts earnings of $1.1 mil for 1HFY2023

Bryan Wu
Bryan Wu • 2 min read
XMH posts earnings of $1.1 mil for 1HFY2023
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XMH Holdings, the provider of diesel engine, propulsion and power generating solutions in the marine and industrial sectors, posted earnings of $1.1 million for 1HFY2023 ended October, a 2.8% increase from a year ago.

This translates to earnings per share of 98 cents, up 1 cent from 1HFY2022.

For the period, XMH recorded a revenue of $57.9 million, up 74.3% y-o-y. Its cost of sales almost doubled from $24.6 million for the period last year to $46.1 million in 1HFY2023.

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