hrnetgroup

INSIDE INSIGHTS

Placements continue, Sert buys back units

[SINGAPORE] Over the five trading sessions from Oct 3 to 9, institutions were net buyers of Singapore stocks, with net institutional inflow of S$250 million, adding to the S$275 million net institutio...

AllwaysFirst will focus on professional recruitment in Vietnam’s growth sectors, particularly in IT and tech.

HRnetGroup targets Vietnam’s booming tech sector with new subsidiary

It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms, healthcare and public sector

HRnetGroup's appointment of new co-owners is part of the group’s strategy to deepen leadership succession and sustain business momentum, it said.

HRnetGroup appoints 10 new business leader co-owners 

[SINGAPORE] HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total number of co-owners to 45.

A poster publicising HRnetGroup's IPO in 2017. The company's revenue for H1 fell 2.1 per cent on a constant currency basis to S$285.9 million, from S$294.8 million the year before.

HRnetGroup H1 profit falls 22.8% to S$21.7 million in tough market conditions

The company says market conditions look set to get even tougher in Q3 and Q4 amid geopolitical tensions

From left: Chin Wei Jia, group CEO, HMI Medical; Loh Chin Hua, CEO, Keppel; Charles Wong, co-founder and CEO, Charles & Keith Group; David Su, founding managing partner, Matrix Partners China; and Adeline Sim, chief corporate officer, HRnetGroup.

Charles & Keith’s Charles Wong named Businessman of the Year at Singapore Business Awards

Four other business leaders were honoured at The Ritz-Carlton, Millenia Singapore on Thursday

A lawyer by training, chief corporate officer Adeline Sim joined the company in 2009 as legal counsel.
YOUNG BUSINESS LEADER

From fishing net to Internet: HRnetGroup embraces tech to stay ahead

The company’s digital initiatives boost staff productivity and help with talent retention, says chief corporate officer Adeline Sim

HRnetGroup's board has proposed a final dividend of 2.13 Singapore cents for FY2023.

HRnetGroup H2 profit rises 7.1% to S$35.3 million on strong profit margin

MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023, from S$32.9 million in the previous corresponding period.

HRnetGroup's H1 net profit declines 18.3 per cent year on year to S$28.3 million.

HRnetGroup H1 profit down 18.3% to S$28.3 million amid economic slowdown

RECRUITMENT company HRnetGroup on Thursday (Aug 10) reported a net profit of S$28.3 million for the first half ended Jun 30, 2023, down 18.3 per cent from S$34.6 million in the corresponding period la...

A tough economic climate could cool demand for job placements in Singapore.

Brokers’ take: DBS downgrades HRnetGroup to ‘hold’ as labour market softens 

DBS Group Research on Wednesday (Jun 28) downgraded HRnetGroup to “hold” from “buy” as it expects softness in the Singapore and China’s economies to hit the labour markets.

Maybank’s downgrade comes as Singapore’s GDP growth for the first fiscal quarter came in weaker than expected.

Brokers’ take: Maybank downgrades HRnetGroup to ‘hold’ on economic slowdown

MAYBANK Securities downgraded its call on HRnetGroup to “hold” from “buy” and slashed its target price to S$0.85 from S$1.04. It anticipates a decline in the recruiting and consulting company’s earnin...