Chinese online recruitment company 51job Inc. announced its unaudited financial results for the first quarter of 2011 ended March 31, 2011.
Net income for the first quarter of 2011 increased 81.6% to CNY91.6 million from CNY50.4 million for the same quarter in 2010.
Total revenues increased 27.6% over the first quarter of 2010 to CNY324.5 million. Specifically, online recruitment services revenues increased 57.5% over the first quarter of 2010 to CNY172.8 million.
However, print advertising revenues for the first quarter of 2011 decreased 6.5% to CNY86.4 million compared with CNY92.4 million for the same quarter in 2010. The decline was primarily due to a reduction in the number of cities where 51job Weekly is published, from 20 cities as of March 31, 2010, to 16 cities as of March 31, 2011.
Income from operations for the first quarter of 2011 increased 77.0% to CNY108.1 million from CNY61.1 million for the same quarter of the prior year.
As of March 31, 2011, 51job had cash and short-term investments totaling CNY1.7 billion compared with CNY1.6 billion as of December 31, 2010.
A White House photo of Japanese Prime Minister Sanae Takaichi appearing to break into a…
Let us read it for you. Listen now. Your browser does not support the audio…
Let us read it for you. Listen now. Your browser does not support the audio…
Three full weeks of the war the US and Israel launched against Iran have shocked…
LISTEN TOInterview with director Sang-il Lee on "Kokuhō"SBS Japanese11:56JapaneseListen to SBS Japanese Audio on Tue,…
Tencent Holdings’ instant messaging platform WeChat has directly integrated OpenClaw as a native chat contact.…