This presentation is based on the information we obtained or on the certain assumptions that we understand to be reasonable. However, this is not for the Company to represent or imply and guarantee to the accuracy of completeness of the contents. Further, statement in this presentation may contain forward-looking information that could be impacted by various risks and uncertainties, and that may significantly affect expected results. Therefore, it is to be noted not to entirely rely on forward-looking information.
It should also be noted that this presentation or any statement herein is not allowed to make copy or transfer without our written consent in prior.
1H2022
FINANCIAL HIGHLIGHTS
JENNIFER KANG
Group CFO
1H2022 HAPPY SHAREHOLDER RETURNS
$
$
$
S$61.4M DIVIDEND PAYOUT
S$30M SHARE BUYBACK PROGRAM
Sep 2022 : S$21.3m Interim Dividend
May 2022 : S$30.1m Final Dividend
Jan 2022 : S$10.0m Special Dividend
*
To resume when share price is undervalued, after blackout period
1.5m shares purchased at average S$0.78 totaling S$1.2m from 13 Jun 2022 to 8 Jul 2022 (before blackout period)
9.2m treasury shares available for M&A, employee shares, acquisition of minority interests
*Dividend yield = dividend paid during the year / closing share price on the last trading day of the prior year
3
1H2022 KEY FINANCIALS - DOUBLE DIGIT GROWTH
UNDERLYING NPAT*
36.2%
S$'m
1H20211H2022
GP CONVERSION TO
UNDERLYING NPAT
38.2%46.4%
REVENUE
14.2%
S$'m
52.2
44.0
229.6 259.8
1H20211H2022
GROSS PROFIT
12.3%
S$'m
43.8 52.0
37.0 38.1
1H20211H2022
GROSS MARGIN
29.7% 29.3%
4
*Underlying NPAT refers to Net profit after tax less Gain (Loss) from financial assets mandatorily measured at FVTPL.
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HRnetGroup Ltd. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 10:13:03 UTC.
HRnetGroup Limited is a Singapore-based investment holding company. It is a recruitment and staffing Company in Asia. The Company operates in three segments: Professional recruitment, Flexible staffing, and Others. It provides professional recruitment services primarily under its HRnetOne, PeopleSearch, PeopleFirst and SearchAsia brands and staffing solutions under its RecruitExpress and RecruitFirst brands. The Company sources, recommends, and hire the contractors on its payroll on a back-to-back basis. It provides recruitment process outsourcing (RPO) services, including workplace analysis and planning, contract negotiation, customized recruitment process and assessment, onboarding and offboarding, recruitment marketing programs, employee liaison and management, interviews, recommendations, and selection, and payroll services. It has 13 brands, 40 Business Units across 15 Asian cities and over 900 consultants. Its subsidiaries include HRnet One Pte Ltd and Recruit Express Pte Ltd.