HRnetGroup Q3 profit down 4.9% after revaluation of securities

Singapore

HRNETGROUP's third-quarter net profit declined 4.9 per cent to S$12 million from S$12.6 million a year ago, the mainboard-listed firm said in a bourse filing on Friday morning.

Excluding the effect from revaluation of marketable securities, net profit rose 3.1 per cent to S$12.7 million versus S$12.3 million in the year ago period.