Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing service provided a voluntary business update.

The group said it has been focusing on the development of its flexible staffing services business segment and the continuous recruitment of flexible staffing employees to be deployed to clients.

The board of directors of the company also announced that the number of the group’s flexible staffing employees has increased from 39,241 as of 31 May 2021 to 40,989 as of 30 June 2021, representing an increase of 1,748 or a positive growth rate of approximately 4.5%.

The number of flexible staffing employees as of 30 June 2021 represents an increase of 12,732 or a positive growth rate of approximately 45.1% when compared to 28,257 flexible staffing employees during the same period last year (30 June 2020).

The group said it will continue to strengthen its position in the flexible staffing industry in the country by providing quality flexible staffing services to its clients.

Earlier this month, the group’s management estimated an increase in revenue of approximately 75% to 85% for the six-month period year on year. Net profits are expected to be up approximately 25% to 35% and adjusted net profit up approximately 45% to 55%.