HRNetGroup

Results

HRnetGroup seeks to strengthen network, penetrate new markets as 3Q earnings fall 4.9% to $12 mil

SINGAPORE (Nov 8): Mainboard-listed recruitment firm HRnetGroup saw its earnings fall 4.9% to $12.0 million for 3Q19 ended September, from $12.6 million a year ago.

Company in the news

HRnetGroup enters UK via an opportunistic buy of Staffline; diversifies risks with new markets

SINGAPORE (Sept 9): Singapore Exchange Mainboard-listed recruitment company HRnetGroup, which has built a strong presence in Asia, can now consider the UK a key market segment as well after it made what it called an opportunistic acquisition.

Broker's Calls

HRnetGroup's business diversification amid economic uncertainty keeps it at 'add'

SINGAPORE (June 14): CGS-CIMB Research is keeping HRnetGroup at “add” but with a lower target price of $1.01 compared to $1.03 previously.

Broker's Calls

HRnetGroup downgraded to 'hold' on weaker earnings outlook, lower valuation

SINGAPORE (May 14): DBS Vickers Securities is downgrading its call on HRnetGroup to “hold” from “buy” with a lower price target of 85 cents compared to $1.05 previously on expectations of a weaker Singapore jobs market, which is believed to drag o

Results

HRnetGroup sees 18.5% 1Q earnings growth to $19.3 mil despite softer topline

SINGAPORE (May 10): HRnetGroup has announced earnings of $19.3 million of 1Q19, up 18.5% y-o-y from $16.3 million a year ago due to higher other income.  

Broker's Calls

12 stocks that could get a boost from IR 2.0

SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.

In print this week

HRnetGroup is on an expansion spree

SINGAPORE (Mar 1): HRnetGroup, the recruitment agency, has a few unique practices in its company, including a 20-minute daily exercise-and-meditation qigong routine to keep staff happy and healthy, as well as companywide internal meetings held on Saturday

Careers & Training

HRnetgroup out to nab China's workaholic job seekers

(Feb 27): In some quarters, a lack of work-life balance is not always a bad thing.

Broker's Calls

HRnetGroup kept at 'buy' despite one-off losses, geopolitical challenges

SINGAPORE (Feb 25): RHB Research is keeping its “buy” call on HRnetGroup, despite the human resource recruitment agency getting rocked by non-core one-offs in the 4Q18 ended December.

Broker's Calls

2019 outlook for small-mid caps to hinge on US-China trade talks: RHB

SINGAPORE (Jan 7): RHB Research is keeping its “neutral” call on the small-mid cap sector amid US-China trade tension that could continue to weigh on the market.
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