Singapore HR firm Sheffield Green's FY revenue and net profit rise on client, training growth
Singapore HR firm Sheffield Green's FY revenue and net profit rise on client, training growth
Overview
Singapore HR services provider's FY2026 revenue rose 20% yr/yr, driven by client and training growth
Gross profit up 25% yr/yr, with margin expanding to 29.2%
Net profit rose 51% yr/yr, company ended year with net cash position
Outlook
Company sees strong demand ahead as global offshore wind sector projected to grow 24% annually to 2030
Result Drivers
CLIENT AND TRAINING GROWTH - Revenue growth driven by higher demand from existing clients, new clients, and increased contribution from training segment
TRAINING SEGMENT EXPANSION - Training segment, consolidated under Trainergy, grew to 7.3% of group revenue, aided by full-year contribution from Spain centre
MARGIN IMPROVEMENT - Gross profit margin expanded to 29.2% from 28.1% due to outpacing revenue growth and operational scale
Company press release: ID:nSN6S6sjz
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| $23.19 mln |
|
FY Gross Profit |
| $6.77 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Sheffield Green
See all newsSingapore HR firm Sheffield Green's FY revenue and net profit rise on client, training growth
Brief: Sheffield Green Says On 21 Aug, Unit Received Letter From Kaohsiung City Labor Affairs Bureau
Brief: Sheffield Green Announces Acquisition Of Training Centre Business In Spain
Brief: Sheffield Green Says Unit Entered JV Agreement With Oceancare Technical Training Centre
Brief: Sheffield Green Enters Into Non-Binding MoU For Potential Acquisition Of Training Centre Business In Spain