51job Posts 12 Percent Q2 Revenue Gain

August 16, 2013 – 51job, Inc./(NASDAQ:JOBS), a provider of integrated human resource services in China, has posted second quarter revenues of RMB404.4 million (U.S. $65.9 million), an increase of 12.2 percent from revenues of RMB360.4 million for the same quarter in 2012. Online recruitment services revenues for the second quarter of 2013 were RMB269.5 million (U.S. $43.9 million), representing a 14.3 percent increase from RMB235.9 million the prior year. The growth was principally due to an increase in the number of unique employers using 51job’s online recruitment services, which was partially offset by a decrease in average revenue per unique employer. Net income for the second quarter of 2013 increased four percent to RMB119.2 million (U.S. $19.4 million) from RMB114.6 million for the same quarter in 2012. “Building on the momentum of an active post-Chinese New Year period, market demand for our online recruitment services maintained a positive trend in the second quarter. Through strengthened sales and marketing efforts, we made further strides in expanding our corporate customer base, achieving 25 percent year-over-year growth in the number of unique online employers,” said Rick Yan, president and CEO. “We remain optimistic about market outlook as we focus on strategy execution and capturing opportunities in the evolving HR services industry in China.”