Worry Q1 total revenue of 437.2 million yuan year-on-year growth of 14.9%

Absrtact: May 8, according to foreign media reports, worry today released its unaudited financial report for the first quarter of 2014 as at March 31. According to the report, in the first quarter of 2014, worry total revenue of 437.2 million yuan (about 70.3 million U.S. dollars),

May 8, according to foreign media reports, worry today released its financial report for the first quarter of 2014 as at March 31. According to the report, in the first quarter of 2014, worry total revenue of 437.2 million yuan (about 70.3 million U.S. dollars), an increase of 14.9% per cent, net profit of 118.5 million yuan (about 19.1 million U.S. dollars), the year-on-year increase of 8.9%.

Major results in the first quarter

In the first quarter of 2014, worry total revenue of 437.2 million yuan (about 70.3 million U.S. dollars), compared with the same period last year, 380.4 million yuan growth of 14.9%.

In the first quarter of 2014, worry network recruitment service revenue of 301.5 million yuan (about 48.5 million U.S. dollars), than the same period last year, 248 million yuan growth of 21.6%, this growth is mainly due to the use of worry online recruitment services, the number of independent employers increased, But the increase was also offset by the average revenue drop for each independent employer. In the first quarter of 2014, the number of independent employers in worry grew by 25.7% to 259,336, 206,329 in the same period last year, which was mainly due to the increase in customer acquisition measures and the increased use of online recruitment services by employers, but each employer's average revenue fell 3.3% per cent year-on-year. This decline was mainly attributable to a decline in the price of services purchased by a large number of new customers and employers.

In the first quarter of 2014, worry printing advertising service revenue of 8.4 million yuan (about 1.4 million U.S. dollars), compared with the same period last year, 24.8 million yuan declined by 66%, the decline is mainly due to customer demand for print advertising services declined. In the first quarter of 2014, the number of printed advertising pages in worry was about 219 pages, down 63.2% from 595 pages in the same period last year. Affected by worry's abandonment of some of the newspaper business, worry the number of cities that issued recruitment issues in the first quarter of this year also dropped to 1 last year at the end of 6.

In the first quarter of 2014, worry other human resources services revenue of 127.2 million yuan (about 20.5 million U.S. dollars), than the same period last year, 107.5 million yuan growth of 18.3%, this growth is mainly due to the use of other human resources services, the number of customers increased, Outsourcing services and training services market demand and other factors.

In the first quarter of 2014, worry's gross profit was 312.7 million yuan (about 50.3 million U.S. dollars), a 17.8% increase from 265.4 million yuan in the same period last year, and a gross margin of 74.5%, up from 72.8% in the same period last year.