HRnetGroup (HRnet)

“The majority of HRnet’s gross profit exposure is from Singapore and China, with both having a high number of confirmed cases. We therefore expect core earnings for FY20F to shrink by 12% y-o-y before recovering in FY21F,” DBS analysts say.

SINGAPORE (Aug 13): Mainboard-listed recruitment firm HRnetGroup saw its earnings drop 11.5% to $11.5 million for the 2Q19 ended June, from $13.0 million a year ago.

SINGAPORE (Aug 5): HRNetGroup is venturing into Europe via the acquisition of a 25.02% stake in UK-based Staffline for $46.1 million. Staffline is a workforce recruitment and training organisation serving both government and commercial customers in the

SINGAPORE (June 17): Adeline Sim, executive director of recruitment consulting firm HRnetGroup, has been buying shares in the company. On June 6, she bought 35,900 shares at 71 cents each, bringing her direct stake in the company to 400,800 shares. Sim is

SINGAPORE (Feb 22): HRnetGroup reported record earnings of $52.4 million for the FY ended Dec 31 2018, an increase of 12.9% year-on-year.

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.

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.

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

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.

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