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Recruiter SThree half-year operating profit surges

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Reuters UK

(Reuters) – British recruiting firm SThree Plc posted on Monday a 58% surge in its half-year operating profit, supported by strong hiring demand and as people move jobs in a competitive market. SThree, which hires employees for finance, energy, banking, pharmaceutical, engineering and tech sectors, said adjusted operating profit for the period ended May 31 stood at 44.6 million pounds ($53.39 million), as compared with 28.1 million pounds reported last year. ($1 = 0.8354 pounds) (Reporting by Amna Karimi and Eva Mathews in Bengaluru; Editing by Sherry Jacob-Phillips)

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