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JobStreet.com Reports RM14.9 Million Net Profit for Q4 2012

KUALA LUMPUR – 19 FEBRUARY 2013

JobStreet Corporation Berhad posted its unaudited quarterly results for the final quarter of 2012 with consolidated revenue and net profit attributable to shareholders increasing 7.2% and 109.0% year-on-year respectively. The increase in revenue for the quarter was mainly due to the strong sales of online job posting services. In addition, the reversal of an impairment loss on an investment in an associate amounting to RM4.1 million had favourably impacted the Group’s profitability for the quarter.

In line with the financial performance of the Group, the Board of Directors are pleased to announce the declaration of the fourth interim single tier dividend of 1.75 sen per share. The recommendation for the payment of a final dividend will be announced in due course once the audited profit attributable to shareholders for the year ended 31 December 2012 has been finalized.
A year-on-year comparison:-

 

Q4 2012
RM'000
Q4 2011
RM'000
%
Change
Revenue
36,433
33,975
7.2
Profit before tax
18,190
10,125
79.6
Profit after tax and non-controlling interests
14,937
7,148
109.0

 

 
Cumulative Period Ended
 
31.12.2012
RM'000
31.12.2011
RM'000
%
Change
Revenue
160,789
139,857
15.0
Profit before tax
77,391
59,804
29.4
Profit after tax and non-controlling interests
58,439
43,344
34.8

 


 

About JobStreet.com
JobStreet.com (www.jobstreet.com) is a leading online recruitment company presently covering the employment markets in Malaysia, Singapore, Philippines, Indonesia, India, Japan, Thailand and Vietnam. The Group currently services over 80,000 corporate customers and over 11 million jobseekers in its database. JobStreet.com is listed on the Main Board of Bursa Malaysia Securities (JOBST).