ManpowerGroup Greater China H1 profit rises on cost control

ManpowerGroup Greater China

27/08/2026 15:02

Overview
China HR solutions provider's H1 2026 revenue was flat yr/yr amid stable flexible staffing
Net profit attributable to owners rose 7.1% yr/yr; adjusted profit up 13%
Company cites cost control and growth in smart manufacturing, new energy sectors for profit gains

Outlook
ManpowerGroup Greater China expects continued growth in flexible staffing in Chinese Mainland
Company anticipates further pressure in Taiwan due to macroeconomic uncertainties and geopolitical tensions
Company plans to expand into southern and central China and reinforce position in tier-one cities

Result Drivers
SECTORAL GROWTH - Revenue from smart manufacturing and new energy sectors in Chinese Mainland recorded double-digit growth, helping offset weak demand in traditional sectors
COST CONTROL - Decreased selling and administrative expenses due to improved organisational structure, team management and lower office rental
REGIONAL DIVERGENCE - Revenue growth in Chinese Mainland offset declines in Hong Kong and Taiwan, which faced weak demand and project completions

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 3.42 bln
 
H1 Net Income Attributable
 
RMB 66.7 mln
 

Reuters Recommended Reads
Aug 25 - Online recruitment platform Kanzhun Q2 revenue rises 14% on enterprise customer growth
Aug 25 - Grupa Pracuj lifts recruitment revenue forecast on recovering Polish demand
Aug 27 - China's CCID Consulting interim revenue falls 39% on competition and demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/4136806d-55f5-4bf4-8b2c-a0b4a0ef3e39.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)