HRnetGroup Addresses Shareholder Staffing Queries

HRnetGroup Ltd. (SG:CHZ) has released an update.

HRnetGroup Limited, in its response to shareholders’ queries regarding its 2023 Annual Report, clarified that the majority of its contractors are local or permanent residents, with Singapore’s contractors constituting over half the group’s headcount. The firm also noted flexible staffing gross margins have oscillated between 13.7% and 15.5% over the past six years, affected by factors like industry, job function, and service scope. However, the company does not provide an average hourly wage for contractors due to the diversity in job functions and payment terms.

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