[New post] CIMB: HRnetGroup Limited

alanyeo posted: " Exceeding expectations■ HRNET delivered a record-high 1H21 net profit; 1H21 revenue/core PATMIrose c.31% yoy to S$275.1m/S$29.1m, helped by strong hiring momentum.■ We expect strong FS volumes to drive revenue and gross profits for HRNETin FY21F. We rais" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: HRnetGroup Limited by alanyeo Exceeding expectations■ HRNET delivered a record-high 1H21 net profit; 1H21 revenue/core PATMIrose c.31% yoy to S$275.1m/S$29.1m, helped by strong hiring momentum.■ We expect strong FS volumes to drive revenue and gross profits for HRNETin FY21F. We raise our FY21F-23F FS volume assumptions by 18%-30%.■ Reiterate Add with a higher TP of S$1.15, pegged to c.17x […] Read more of this post alanyeo | August 17, 2021 at 12:02 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-31v Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/17/cimb-hrnetgroup-limited/ Thanks for flying with WordPress.com