Broker's Calls

Tencent, ByteDance, Alibaba expansion here could bode well for HRnetGroup: CGS-CIMB

Despite the gloomy economic outlook and higher unemployment rate in Singapore, undervalued HRnetGroup could benefit from the expansion of Chinese tech firms here, according to CGS-CIMB Research.

Broker's Calls

HRnetGroup to see lower earnings ahead amid tough job market: analysts

The tough job market, which is not expected to ease in the near-term, has led analysts to become less optimistic on HRnetGroup's bottom line.

Broker's Calls

RHB downgrades HRnetGroup as headwinds intensify

SINGAPORE (Mar 2): RHB is downgrading its recommendation on HRnetGroup to “neutral” from “buy” with a lowered target price of 61 cents from 81 cents previously, as the headwinds are further intensi


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

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


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

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,

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