HRnetGroup (HRnet)

Corporate moves

Empowering leadership: HRnet Group’s unique co-ownership model

HRnetGroup's co-ownership model sees various heads of staffing agencies within the company take equity stake in their offices.

Broker's Calls

Maybank Securities and PhillipCapital mixed on HRnet, after cautious employment conditions of FY2023

Maybank has kept its “hold” call, saying the group has remained resilient, but PhillipCapital lowers TP, warns of “tepid” growth.

Broker's Calls

Brokers' Digest: Japfa, HRnetGroup, Keppel Infrastructure Trust, Frencken

See what the analysts have to say this week.

Broker's Calls

Brokers' Digest: UMS Holdings, HRnetGroup, ST Engineering

See what the analysts have to say this week.

Results

HRnetGroup reports earnings of $28.3 mil for the 1HFY2023, 18.3% lower y-o-y

An interim dividend of 1.87 cents was declared. It will be paid out on Sept 11.
CGS-CIMB downgrades HRnetGroup to 'hold' with lowered TP of 80 cents - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades HRnetGroup to 'hold' with lowered TP of 80 cents

Analysts at CGS-CIMB say weak SG economy and challenging labour market in China key risk to HRnet’s volumes
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