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Asia Domain Name Registration Limited: 51job first quarter net profit fell 30%
Asia Domain Name Registration Limited reports: Online recruitment site 51job (NASDAQ: JOBS) yesterday issued a quarterly
earnings report. The first quarter of the company "does not increase and
increased profits", although the total revenue of 236.4 million yuan, an
increase of 17.9 percent, but net profit of 22.2 million yuan, down 30.8
percent, or American depositary receipts of 0.78 yuan.
In addition, the defendants are clearly an issue that the recent Sichuan and
other regions of the earthquake may affect their performance in some cities,
operators and customer demand, is expected in the second quarter revenue
between 225 million -2.4 million.
The finacil report that the online recruitment services increased, the
company's main business - online recruitment services revenue to 78.4 million
yuan, an increase of 27.4 percent. During the first quarter, the use of 51job
online recruitment services of independent employers than the same period last
year the number of the 48,070 people a rise of 25.8 percent, to 60,461 people.
During the first quarter, 51job of print advertising revenue amounted to 122.4
million yuan, an increase of 7.8 percent. The Bulletin said that increased ad
per page partially offset by the impact of decline in advertising costs.
It is worth noting that the company operating expenses and sales marketing
expenditures to increase the drag performance. As a business expansion period,
the Total expenditure 141.6 million yuan, an increase larger. (Asia Domain Name Registration Limited)
Ereli Advisory recent data show that in 2008 China's Internet recruitment of
individual users will reach 45 million people, the growth rate of 18.3 percent
over the same period of employers recruiting network is estimated to be
600,000, a growth rate as high as 30.4 percent.
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