JobStreet Corporation Berhad (ìJOBSî), a leading online recruitment company in the region, listed on the Mesdaq market of Bursa Malaysia, today announces its financial results for the financial year ended 31 December 2004.
For the full-year 2004, on a pro-forma basis, the JobStreet Group has achieved sales of RM34.9million with a profit after tax of RM9.3 million. This represents revenue growth of 80% and a profit growth of 237% compared to 2003.
Mark Chang, Founder and CEO of JobStreet Corp. Bhd. says, ìI believe that these are satisfactory results and our growth demonstrates the greater acceptance of using JobStreet as a channel for recruiting employees in this region.
Chairman Datuk Ali Abdul Kadir says ìWe had a critical year - each of our regional operations was profitable and contributed to building shareholder value. Further, after our successful IPO, our capital position is also strong and positions us well for the future.î
JobStreet operates the JobStreet.com online recruitment websites covering the employment markets in Malaysia, Singapore, India and Philippines. The Group currently services over 15,000 corporate customers and over 3.0 million jobseekers.
JobStreet Reports 2004 Profit of RM9.3m
Another record year for one of Asiaís leading online recruitment companies
