JobStreet.com delivers a strong 47% jump in profits for 2nd Quarter, 2007
KUALA LUMPUR – 18 August 2007 - JobStreet CorporationBerhad (Mesdaq: "JOBS") posted its 2nd quarter results for the periodended 30 June 2007 with a strong showing indicating that the year has startedoff positively for Southeast Asia’s leading online recruitment website.
In the second quarter of 2007, JobStreet.com‘s revenuesaw a jump to RM20.2 million compared to the corresponding quarter in 2006 ofRM17.4 million. This represented an increase of 16%.
In the terms of profitability, JobStreet recorded a quarterlyprofit before taxation of RM 8.4 million. This figure represents a 47% increasecompared with RM5.7 million reported in the corresponding quarter last year. This hugejump was driven by an increase in JobStreet.com’s job posting sales forthe group of 38%. The Group’s subsidiaries in Malaysia,Singapore and Philippinescontinue to drive the growth in profits.
“We are encouraged to see that we have been able tomaintain the strong momentum from last quarter” said Mark Chang,CEO of JobStreet Corporation Berhad. “Our focus on customerservice, jobseeker needs and better and more relevant products will remain ourmain strategic driver for us in 2007.”
He added, “We happy to reportthat JobStreet.com is continuing to expand its business operation in the regionspurred by the good performance of our overseas offices.”
Besides JobStreet.com’s investmentof a 20% stake in Recruit Group Limited (RGL), a subsidiary of Recruit HoldingsLtd. (RHL) early this year, it is in the process of setting up a joint venture companywith Asian Commission Corporation to carry out recruitment management, careerconsultancy and related activities for the Japanese market. JobStreetCorporation Berhad would eventually own 60% of the joint venture company,JobStreet Japan.
JobStreet operates the JobStreet.com (www.jobstreet.com)online recruitment websites presently covering the employment markets in Malaysia, Singapore,Philippines, Indonesia, Indiaand Bangladesh.The Group currently services over 45,000 corporate customers and over 4 millionjobseekers.
Saturday, August 18, 2007
JobStreet.com今年第二季盈利增長47%
标签: JobStreet
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