He expects near-term growth for the company to be driven by more permanent and flexible staffing placements on firm GDP growth regionally.
Alfie Yeo of RHB Bank Singapore has remained bullish on HRnetGroup following in-line FY2025 earnings, but has slightly trimmed his target price from 84 cents to 83 cents to take into account a slightly larger share base.
"We continue to like HRnetGroup for its decent growth outlook, strong cash generation ability, and attractive dividend yield. Our net profit estimates are unchanged, as FY2025 earnings were in line," says Yeo in his March 16 note.
