Renrui HR Technology to Swing to Loss

MT Newswires Live

03/11

Renrui Human Resources Technology Holdings (HKG:6919) expects an attributable loss of between 66.4 million yuan and 76.4 million yuan in 2024, compared with a profit of 41 million yuan a year earlier.

The HR company attributed the forecast to a 130.9 million yuan impairment on its underperforming subsidiary, Shanghai Sirui.

The company plans to publish its annual results by the end of March, according to a Monday filing with the Hong Kong bourse.

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