Csw Industrials Inc   (CSWI)

Strong Eps Underlines Double Digits revenue advance at in the fiscal period closing March 31 2023

CSWI reported fourth quarter of 2023 operating profit of $39.764 million

Published May 25 2023 / Modified May 25 2023
Goran Soko / CSIMarket.com Contributer

tanker_By_James_Cridland_(Big_red_tanker)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonInvestors in the stock market are in for exciting news as CSW Industrials Inc releases its financial report for the period ending March 31, 2023.
The chemical manufacturing company experienced impressive growth as profit per share soared by 38.71% to $1.75 per share, followed by a revenue boost of 12.918% to $195.69 million compared to the previous year.
This financial milestone shows that CSW Industrials Inc is a company on the rise, with earnings per share soaring by 73.11% from $1.01 per share, while revenue advanced by 14.373% from $171.09 million.

CSW Industrials Inc also reported earnings of $27.122 million in the fiscal period closing March 31, 2023, representing a 35.75% increase from net earnings of $19.979 million reported in the fiscal period closing March 31, 2022, a year ago.
There was a significant improvement in its profit margins, with net margin rising to 13.86% in the said period, and operating margin edging up to 20.32%. Operating earnings improved by 28.83% to $39.764 million.

The stunning revenue of $757.90 million and earnings of $96.57 million reported by CSW Industrials Inc in the financial year 2023 shows its continued growth in the chemical manufacturing industry.
The company's earnings per share also soared impressively by 47.62% to $6.20 per share from $4.20 in the previous financial period, and revenue improved significantly by 20.99% from $626.44 million a year ago.

With the excellent numbers on the board, investors are bracing for even better things to come when CSW Industrials Inc releases its next financial report on August 04, 2023.
The company's income increase of 35.75% in the fourth quarter of 2023 to a cumulative value of $97 million, with 750 employees, is also an encouraging sign.
Its income per employee grew on a trailing twelve-month basis to $128,765, although this is below the company average income per employee.

Despite its improvement in earnings and revenue, CSW Industrials Inc needs to step up its game to catch up with other companies in the chemical manufacturing industry, as 17 other companies have higher income per employee than it does.
Nevertheless, the company's overall ranking remains impressive, considering its impressive financial results in the latest period.

In summary, the impressive performance of CSW Industrials Inc in its latest financial report bodes well for the company's future and is sure to pique the interest of savvy investors in the stock market.
As the company continues to grow and expand its reach in the chemical manufacturing industry, investors can expect even more good news in the future.

Csw Industrials Inc's Asset Turnover

Csw Industrials Inc's Executive Officers


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