51job, Inc. Reports First Quarter 2017 Financial Results
51job, Inc. - American Depositary Shares, each representing two common shares (JOBS)
Last 51job, inc. - american depositary shares, each representing two common shares earnings: 8/5 04:15 pm
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US:NASDAQ Investor Relations:
ir.51job.com
Company Research
Source: PR Newswire
SHANGHAI, May 4, 2017 /PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS) ("51job" or the "Company"), a leading provider of integrated human resource services in China, announced today its unaudited financial results for the first quarter of 2017 ended March 31, 2017.First Quarter 2017 Financial Highlights:Total revenues increased 16.0% over Q1 2016 to RMB607.7 million (US$88.3 million), within the Company's guidance range Online recruitment services revenues increased 19.4% over Q1 2016 to RMB420.1 million (US$61.0 million) Other human resource related revenues increased 9.1% over Q1 2016 to RMB187.6 million (US$27.3 million), which reflected the impact of a value-added tax ("VAT") policy change effective May 1, 2016 Gross margin of 73.5% compared with 72.8% in Q1 2016 Income from operations increased 29.4% over Q1 2016 to RMB164.4 million (US$23.9 million) Fully diluted earnings per share were RMB2.74 (US$0.40) Excluding share-based compensation expense, loss from foreign currency translatio
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