51job Q4 Profit Up 27%

(RTTNews) - 51job, Inc. (JOBS) reported net income for the fourth quarter of RMB155.3 million or RMB5.13 per ADS, compared to RMB122.1 million or RMB4.11 per ADS for the year-ago quarter.

Excluding items, adjusted net income for the fourth quarter was RMB174.9 million or RMB5.78 per ADS, compared with RMB136.3 million or RMB4.59 per ADS in the prior year quarter.

Total revenues for the fourth quarter rose 19% to RMB472.4 million from RMB397.3 million a year ago.

Looking forward, the company forecasts first quarter revenue of RMB435 million to RMB450 million with adjusted earnings of RMB1.95 to RMB2.15 per common share.