Robust demand for HCM seen to buoy Ramssol Group earnings

CGS-CIMB Research expects RGB to deliver stronger quarter-on-quarter results in the forecast fourth quarter of financial year 2022 due to seasonally stronger results and higher progress billings.

PETALING JAYA: Ramssol Group Bhd (RGB) is expected to chart stable earnings growth underpinned by stronger demand for human capital management (HCM) solutions in Asean and maiden contribution from its anti-corruption Excel programme, says CGS-CIMB Research.

“We expect RGB to deliver stronger quarter-on-quarter results in the forecast fourth quarter of financial year 2022 (FY22), thanks to seasonally stronger results and higher progress billings.