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@koolgal：$HRNETGROUP LIMITED(CHZ.SI)$ is one of the largest recruitment and staffing companies in Asia with over 900 consultants spread across 13 Asian cities. From its humble beginnings in 1992, HRNet has shown resilience and excellent management by its overall strong growth and profitability since inception. HRNet business model is based on 2 complementary business with flexible staffing business providing a relatively stable and steady revenue stream during economic downturns while the professional recruitment business generally performs well during periods of economic growth. In the latest earnings report FY2021, Revenue grew 36% to SGD590.5 million. Gross Profit grew 35% to SGD175 million and Net Profit After Tax grew 41% to SGD70.3 million. Financial Analysts are bullish on HRNet with 4 of them giving it a BUY rating. CGS- CIMB at 1.15, Maybank Research at 1.07, Phillips Securities at 1.18 and RHB Invest at 1.01. According to the 3Q22 Manpower Group employment outlook survey, employers ' hiring intention reached its highest level since 4Q11 especially for finance and real estate sectors. Wage inflation and shortage of talent are expected to continue in the short term. HRNet has started a Share Buy Back Program of SGD 30 million which will bring more value to its shareholders. I am bullish on $HRNETGROUP LIMITED(CHZ.SI)$ as it ticks all the core fundamentals of a quality stock. It is profitable, has a solid balance sheet and an excellent management team. Best of all it has been paying dividends year after year. How good is that! Go Long Go Strong Go HRNet! @Daily_Discussion@TigerStars@CaptainTiger@MillionaireTiger
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