Stock Analysis
- Singapore
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- Professional Services
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- SGX:CHZ
HRnetGroup Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
HRnetGroup (SGX:CHZ) Full Year 2023 Results
Key Financial Results
- Revenue: S$578.5m (down 5.4% from FY 2022).
- Net income: S$63.6m (down 5.9% from FY 2022).
- Profit margin: 11% (in line with FY 2022).
- EPS: S$0.064 (down from S$0.067 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HRnetGroup EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 13%.
Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Professional Services industry in Asia.
Performance of the market in Singapore.
The company's shares are up 4.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for HRnetGroup (1 is concerning) you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if HRnetGroup might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SGX:CHZ
HRnetGroup
An investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, and Indonesia.