51job Beats Guidance for Q1 Profit Up 436% YoY

PRNewswire-Asia, 5/07/10

Chinese online recruitment site 51job (Nasdaq: JOBS) has announced unaudited financial results for the first quarter of 2010 ended March 31, 2010.

Total revenues for the first quarter ended March 31, 2010 were RMB 254.3 mln (USD 37.3 mln), an increase of 42.6% from RMB 178.3 mln for the same quarter in 2009, and exceeding guidance of RMB 230 - 240 mln.

Net income for the first quarter of 2010 increased 436% YoY to RMB 50.4 mln (USD 7.4 mln) from RMB 9.4 mln for the same quarter in 2009.

For the second quarter of 2010, the company's revenue target is in the range of RMB 250-260 mln (USD 36.6-38.1 mln).

For 51job's full earnings report, please click here.

Keywords: Q1 2010 guidance Internet profit revenue 51job online recruitment JOBS fiscal report

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily