HRnetGroup (HRnet)

Broker's Calls

HRnetgroup kept at ’buy’ by RHB on strong 3Q results

SINGAPORE (Nov 12): RHB Research is maintaining HRnetgroup at “buy” after the latter reported strong growth in its third-quarter top and bottom lines coupled with higher margins.

Results

HRnetGroup 3Q earnings up 17.5% to $12.6 mil

SINGAPORE (Nov 8): HRnetGroup reported 3Q earnings grew 17.5% to $12.6 million from a year ago as a result of the strong improvement in net profit after tax that increased by 23.9% to $13.6 million.

M&A

HRnetGroup signs definitive agreements to acquire 51% stake in executive search business in China

SINGAPORE (June 9): HRnetGroup has signed definitive agreements on its acquisition of a  51% stake in REForce (Shanghai) Human Resources Management Consulting.

Results

HRnetGroup reports 46% higher 1Q earnings of $16.3 mil

SINGAPORE (May 9): Recruitment and staffing firm HRnetGroup reported 1Q18 earnings of $16.3 million, 46% higher than the 1Q17 earnings of $11.2 million.

Results

HRnetGroup reports 22.4% rise in 4Q17 earnings to $12.2 mil

SINGAPORE (Feb 26): HRnetGroup reported its fourth straight quarter of growth in revenue and gross profit for FY17 ended Dec.

Broker's Calls

Investment strategy for a bumper budget: DBS

SINGAPORE (Feb 20): Singapore ended 2017 with a bumper budget surplus of $9.6 billion, the highest in the last 20 years.

Broker's Calls

HRnetGroup started at 'buy' by DBS with 96 cents target as labour market looks set to recover

SINGAPORE (Jan 3): DBS Group Research is starting coverage of HRnetGroup (HRnet) at "buy" with a target price of 96 cents with the labour market looking set to recover.

In print this week

APAC Realty, HRnetGroup, Moya Holdings Asia are ‘undiscovered gems’, says RHB

SINGAPORE (Dec 11): While investors may be caught up in the rally of heavyweight stocks in the property, technology and banking sectors, they should not ignore opportunities in the small-cap space. “Small-cap stocks are not researched that well and are

Broker's Calls

HRnetGroup well positioned for regional growth

SINGAPORE (Sept 12): Maybank Kim Eng says HRnetGroup, one of the largest Asia Pacific-based recruitment companies outside Japan, is well positioned for growth in the region.
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