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HRnetGroup (CHZ) H1 2024 earnings summary

Event summary combining transcript, slides, and related documents.

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H1 2024 earnings summary

2 Nov, 2026

Executive summary

  • 1H2024 revenue was S$285.9m, down 3.0% reported and 2.1% at constant currency; gross profit was S$63.0m, down 11.9%, and PATMI was S$21.7m, down 23.3%.

  • Cash, credit-linked notes and Treasury bills totaled S$302.2m, with zero borrowings.

  • Flexible Staffing contributed 89.3% of revenue and 52.0% of gross profit; Professional Recruitment contributed 10.0% of revenue and 45.5% of gross profit.

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