Revenue fell by 6.2% y-o-y to $294.8 million with revenue declines in the group’s flexible staffing and professional recruitment segments. Flexible staffing saw revenue dip by 0.5% y-o-y to $258.6 million while professional recruitment saw revenue fall by 34.3% y-o-y to $34.3 million.
Gross profit fell by 22.2% y-o-y to $71.5 million.
Cash and cash equivalents as at June 30 stood at $261.8 million, down by 16.3% y-o-y.
An interim dividend of 1.87 cents was declared. It will be paid out on Sept 11.
See also: Keppel Pacific Oak US REIT’s 1QFY2025 distributable income falls by 19.3% y-o-y to US$9.6 mil
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Shares in HRnetGroup closed 0.5 cents lower or 0.68% down at 73 cents on Aug 10.
