Mansui Talent's (06919.HK) Q1 Q1 revenue from digital technology and cloud services accounted for 38.2% of total revenue and gross operating margin of 13.6%. Group Vice President Chen Chen said the business targets increased demand for digital and information technology as companies outsource more recruitment and talent management. Revenue estimates could rise to more than 40% this year. As for the professional recruitment business, growth or slowing will continue to be affected by weaker market demand.

Chen Chen pointed out that Mainland enterprises are gradually expanding their overseas markets and providing services such as human resource management such as recruitment and training in response to the requirements of some of their key customers. Currently, the company is actively exploring mergers and acquisitions or establishing overseas companies to operate in markets such as Southeast Asia, the Middle East and the Americas.

Chen Chen said that the company will target a dividend ratio of 30% to net profit, depending on performance. The company paid a closing interest of $0.09 last year. (vc/u)

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