Total revenues increased 12.5% over Q3 2005 to US$22.9 million for 51job.com (JOBS). The online job recruitment website tofday announced its unaudited financial results for the third quarter of 2006 ended September 30, 2006.
Print advertising revenues for the third quarter of 2006 increased 5.7% to US$12.4 million compared with the same quarter in 2005. The company says the increase was primarily due to a greater volume of advertisements in 51job Weekly and higher average revenue per page.
The estimated number of print advertising pages generated in the third quarter of 2006 was 3,217 compared with 3,115 pages in the same quarter in 2005. Average revenue per page in the third quarter of 2006 increased 2.3% over the third quarter of 2005.
Online recruitment services revenues for the third quarter of 2006 were US$7.3 million, representing a 29.6% growth from CNY44.4 million for the same quarter last year. The increase was principally attributable to growth in the number of employers using the company's online services. Unique employers using the company's online recruitment services increased to 44,969 in the third quarter of 2006 compared with 34,407 in the same period last year.
Gross profit for the third quarter of 2006 was US$12.1 million, representing an increase of 15.9% from the same quarter last year.
As of September 30, 2006, the company's cash balance was US$104.5 million compared with CNY830.6 million at December 31, 2005 and CNY812.5 million at June 30, 2006.