HRnetGroup's Growth Outlook Appears Stable -- Market Talk
Dow Jones
Mar 17
0549 GMT - HRnetGroup's growth outlook appears stable, RHB Research's Alfie Yeo says in a research report. The Singapore-listed recruitment and staffing company's near-term growth is driven by more permanent and flexible staffing placements amid solid GDP growth in Asia, the analyst says. The company is also building new complementary revenue stream via its human resources technology brand 'Octomate,' which could penetrate further with new and existing customers. RHB Research maintains the stock's buy rating, but trims the target price to S$0.84 from S$0.85 to reflect the company's slightly larger share base. Shares are 0.7% higher at S$0.73. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 17, 2026 01:49 ET (05:49 GMT)
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