HRnetGroup reports earnings of $19.8 mil for the 1HFY2026, 29.4% lower y-o-y

Kwan Wei Kevin Tan

Aug 16

HRnetGroup says it hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.Mainboard-listed HRnetGroup CHZ has reported earnings of $19.8 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2660414108"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2660414108\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2660414108?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-16 09:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2660414108","market":"other","top_or_hot":-1,"title":"HRnetGroup reports earnings of $19.8 mil for the 1HFY2026, 29.4% lower y-o-y","media":"Kwan Wei Kevin Tan","content":"<div>\n<p>HRnetGroup says it hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.Mainboard-listed HRnetGroup CHZ has reported earnings of $19.8 ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/hrnetgroup-reports-earnings-198-mil-1hfy2026-294-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HRnetGroup reports earnings of $19.8 mil for the 1HFY2026, 29.4% lower y-o-y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHRnetGroup reports earnings of $19.8 mil for the 1HFY2026, 29.4% lower y-o-y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-16 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/hrnetgroup-reports-earnings-198-mil-1hfy2026-294-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Kwan Wei Kevin Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HRnetGroup says it hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.Mainboard-listed HRnetGroup CHZ has reported earnings of $19.8 ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/hrnetgroup-reports-earnings-198-mil-1hfy2026-294-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VGFPF","symbol_name":"Vanguard Funds PLC","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/results/hrnetgroup-reports-earnings-198-mil-1hfy2026-294-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2660414108","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/capital/results/hrnetgroup-reports-earnings-198-mil-1hfy2026-294-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2660414108","pubTimestamp":1786844400,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"HRnetGroup says it hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VGFPF":"Vanguard Funds PLC","VOTE":"TCW Transform 500 ETF","FEBU":"AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF","PMDE":"PGIM S&P 500 Max Buffer ETF - December","GXDW":"Global X Dorsey Wright Thematic ETF","RGLO":"Global Equity Active ETF","DECU":"AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF","JOYT":"JPMorgan Equity and Options Total Return ETF"},"translate_title":"HRnetGroup 报告 2026 财年上半年盈利为 1980 万美元，同比下降 29.4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GXDW":1.5,"VGFPF":1.5,"DECU":1.5,"VOTE":1.5,"PMDE":1.5,"RGLO":1.5,"JOYT":1.5,"FEBU":1.5},"content_text":"HRnetGroup says it hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.Mainboard-listed HRnetGroup CHZ has reported earnings of $19.8 million for 1HFY2026, 29.4% lower than $28.0 million it recorded in 1HFY2025. The recruitment agency was founded in Singapore in 1992 and made its trading debut on the Singapore Exchange in 2017.\nHRnetGroup's gross profit for 1HFY2026 was up by 1.5% y-o-y at $62.1 million, while its net profit after tax was down 27.3% y-o-y at $21.1 million due to a decline in other income.\nAccording to HRnetGroup, other income fell from $15.8 million in 1HFY2025 to $5.4 million in 1HFY2026 due to an adverse swing in fair value revaluation of other financial assets and other assets, lower Progressive Wage Credit Scheme (PWCS) support from the Singapore government and lower interest income. The PWCS is a co-funding initiative by the Singapore government to help support salary increases for lower-wage workers.\nHRnetGroup's cash and cash equivalents fell 15% from $262.9 million as at Dec 31, 2025, to $223.8 million as at June 30, 2026. The company's cash moat of $332.1 million includes its cash and cash equivalents, the $96.0 million it holds in credit linked notes and T-bills as well as its gold holdings worth $12.3 million.\nHRnetGroup has declared an interim dividend of 2.2 cents per share, giving it a trailing 12-month dividend total of 4.4 cents. That translates to a dividend yield of 5.9% based on the stock's closing price on June 30, 2026.\nLooking ahead, the company says it will focus on three public market initiatives to further unlock fair value for shareholders.\nThis is on top of recent steps it took to raise its public free float, such as by selling 2.2 million treasury shares to the open market in 1HFY2026 and conducting a placement of 9.8 million treasury shares to investors such as Avanda Investment Management, Lion Global Investors and ICH Asset Management in 2HFY2025.\nFirstly, HRnetGroup says it aims to deliver progressive returns backed by its track record of consistent cash generation, dividend distribution as well as its debt-free balance sheet.\nSecondly, the company wants to improve the liquidity of its stock through opportunistic treasury and vendor share sales where market conditions are appropriate.\nLastly, the company hopes to expand its institutional and public shareholder base by joining indices such as the iEdge Next 50 Index.\nHRnetGroup shares closed 0.68% higher at 74 cents on Aug 14, 2026 and are down 1.33% year to date.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}