51job, inc. reports fourth quarter and fiscal year 2020 financial results

Shanghai, march 18, 2021 /prnewswire/ -- 51job , inc. ( nasdaq : jobs ) ("51job" or the "company"), a leading provider of integrated human resource services in china, announced today its unaudited financial results for the fourth quarter and fiscal year of 2020 ended december 31, 2020. fourth quarter 2020 financial highlights: net revenues increased 2.4% over q4 2019 to rmb1,163.1 million (us$178.3 million) online recruitment services revenues decreased 10.1% other human resource related revenues increased 17.1% income from operations was rmb356.6 million (us$54.6 million) fully diluted earnings per share was rmb5.01 (us$0.77) excluding share-based compensation expense, loss from foreign currency translation, and change in fair value of listed equity securities investment, as well as the related tax effect of these items, non-gaap adjusted fully diluted earnings per share was rmb6.16 (us$0.94) fiscal year 2020 financial highlights: net revenues decreased 7.8% from 2019 to rmb3,689.0 million (us$565.4 million) online recruitment services revenues decreased 13.1% other human resource related revenues increased 0.8% income from operations was rmb867.1 million (us$132.9 million) fully diluted earnings per share was rmb16.12 (us$2.47) excluding share-based compensation expense, loss from foreign currency translation, and changes in fair value of listed equity securities and long-term investments, as well as the related tax effect of these items, non-gaap adjusted fully diluted earnings per share was rmb18.28 (us$2.80) fourth quarter 2020 unaudited financial results net revenues for the fourth quarter ended december 31, 2020 were rmb1,163.1 million (us$178.3 million), an increase of 2.4% from rmb1,135.6 million for the same quarter in 2019.
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