51job Posts 12 Revenue Rise

November 12, 2013 – 51job, Inc./(NASDAQ:JOBS), a provider of integrated human resource services in China, has posted third quarter revenues of $68.6 million, an increase of 12.3 percent from the same quarter in 2012. Online recruitment services revenues $45.4 million, representing a 15.4 percent gain. The growth reported was principally due to an increase in the number of unique employers using the company's online recruitment services, which was partially offset by a decrease in average revenue per unique employer. Net income for the quarter increased four percent to $19.2 million. “We continued to observe solid market demand for our recruitment services in the third quarter as employers stayed active in their hiring activities,” said Rick Yan, president and CEO. “Our increased investments in sales and marketing are generating meaningful returns with the pace of customer acquisition accelerating, which not only strengthens our online market leadership but also positions us for greater cross-selling opportunities in our other HR services.”