HRnetGroup (SGX:CHZ) H1 2024 results

Key financial results

• Revenue: S$285.9 million (3.0% less than in H1 2023).

• Net profit: S$21.7 million (23% lower than H1 2023).

• Profit margin: 7.6% (compared to 9.6% in H1 2023).

• Earnings per share: S$0.022 (compared to S$0.029 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

HRnetGroup Profit Insights

An average sales growth of 3.4% per annum is expected for the next three years. In the Asian services sector, however, growth of 8.7% is forecast.

Development of the market in Singapore.

The company’s share price remained largely unchanged compared to the previous week.

Risk analysis

We should say we have discovered 1 warning signal for HRnetGroup that you should know before investing here.

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