Feb. 27, 2012 (China Knowledge) - 51job Inc<JOBS
>, a leading provider of integrated human resource services in China, has posted RMB 113.9 million or US$18.1 million-net profit attributable to shareholders in the fourth quarter of 2011, reflecting a year-on-year jump of 70.2% from RMB 66.9 million.
Fully diluted earnings per American Depositary Share for the fourth quarter were RMB 3.87, compared with RMB 2.28 in the fourth quarter of 2010.
Operating revenue increased 22.6% from a year earlier to RMB 369.8 million in the three months ended Dec. 31, 2011. Gross margin expanded to 71.2% in the same period.
For the whole year of 2011, the U.S.-listed firm's net profit attributable to shareholders reached RMB 386.5 million, up 64.7% from RMB 234.7 million in 2010. Fully diluted earnings per ADS for last year were RMB 13.09, more than RMB 8.26 in 2010.
Last year, the company's operating revenue totaled RMB 1.37 billion, an increase of 25.7% from RMB 1.09 billion in 2010.
As of Dec. 31, 2011, 51job had RMB 2.05 billion in cash and short-term investments, whereas it had nearly RMB 1.6 billion at the end of 2010.
The Chinese human resource service provider also expects its revenue for the first quarter of 2012 to be in the range of RMB 375 million to RMB 390 million.