Monster Pursues Sale of ChinaHR
Monster Worldwide, 11/08/12
US job listings site Monster has announced in its Q3 2012 financial report that the company is currently pursuing a sale of its wholly owned online recruitment website ChinaHR.
Revenue from ChinaHR has been excluded from Monster's third quarter continuing operations results and prior results have been restated to reflect this change. The company reported a non-cash asset impairment charge and deferred tax asset write-off of USD 225 mln related to ChinaHR in its Q3 2012 GAAP operating results.
Keywords: ChinaHR Monster online recruitment fiscal report
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