Leading Shanghai-based human resources job portal 51job.com has just released their Q4 results for FY16.
Total revenues increased 13.6% over Q4 2015 to RMB694.2 million (US$100.0 million), within the company’s guidance range.
Online recruitment services revenues increased 15.0% over Q4 2015 to RMB423.8 million (US$61.0 million).
Other human resource related revenues increased 11.8% over Q4 2015 to RMB270.4 million (US$38.9 million), which reflected the impact of a value-added tax (“VAT”) policy change effective May 1, 2016.
There was a slight dip in Gross margin of 70.8% compared with 71.6% in Q4 2015.
Total revenues increased 12.9% over 2015 to RMB2,372.7 million (US$341.7 million).
To read a full record of their results, click here.