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HRnetGroup posts FY2023 earnings of $63.6 mil, down just 5.9% y-o-y despite challenging conditions

Bryan Wu
Bryan Wu • 3 min read
HRnetGroup posts FY2023 earnings of $63.6 mil, down just 5.9% y-o-y despite challenging conditions
Revenue decreased 5.4% y-o-y to $578.5 million in the face sector-wide profit downgrades.
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Recruitment firm HRnetGroup (SGX:CHZ) has announced earnings of $63.6 million for the FY2023 ended Dec 31, 2023, 5.9% lower compared to its earnings of $67.5 million in the previous financial year.

Earnings per share for the full-year period came to 6.44 cents, down from 6.75 cents in FY2022.

Revenue for FY2023 also decreased 5.4% y-o-y to $578.5 million in the face of challenging economic conditions and sector-wide profit downgrades. 

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