HRH Net Income Down 38.5% in 1Q; Total Revenues Up 4.4%

April 24, 2008

  • April 24, 2008 at 2:21 am
    Michelle says:
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    The same thing could have been said in a single sentence; we are in a soft market, trying to grow too fast via poor acquisitions, and have little (if no) control of costs. I think that about sums it up.

  • April 24, 2008 at 2:42 am
    No, no, no says:
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    Yes, we are in a soft market but am an admirer of the HRH organization. Would be interested to know who you feel the “poor acquisitions” were.

  • April 24, 2008 at 4:23 am
    Michelle says:
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    Well you’re one of the few fans out there. They made Calpers annual list of worst companies in March 2008. Their board was changed shortly thereafter due to poor governance. Sort of reiterates what I said in my previous email.



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