, Singapore
Logo from HRnetGroup

HRnetGroup reports 5.9% earnings dip

Revenue for FY2023 experienced a 5.4% year-on-year decline.

Recruitment firm HRnetGroup reported earnings of $63.6m for the fiscal year ending 31 December 2023 (FY2023), marking a 5.9% decrease compared to the previous financial year.

Revenue for FY2023 experienced a 5.4% year-on-year decline, totaling $578.5m.

The directors proposed a dividend of $0.0213 per ordinary share.

"Whilst evergreen sectors like healthcare & life science and IT and technology will continue to be strong for our business, semiconductor is expected to gain traction across the region as various economies looking to diversify supply chain risk and ramp up efforts to advance and ride on the wave of artificial intelligence technologies," HRnetGroup said.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!