Zhaopin Q4 net profit is 8.9 million USD

Summary: August 20 News, Zhaopin released today the financial year 2014 as at June 30, the quarter and the year, the last financial results. According to the report, Zhaopin's total revenue for the quarter was 283.6 million yuan (about 45.7 million U.S. dollars), compared with 2.4 in the same period last year.

August 20 News, Zhaopin released today, as of June 30, the first quarter of the 2014 fiscal year and the entire year without the audit earnings. The report showed that Zhaopin's total revenue for the quarter was 283.6 million yuan (about 45.7 million U.S. dollars), a 18.1% increase from the 240.2 million yuan in the same period last year, with a net profit of 55 million yuan (about 8.9 million dollars), and 37.6 million yuan in the same period last year.

According to Yahoo's financial data, 3 of Wall Street analysts on average expect Zhaopin earnings per share in the quarter (not in accordance with US GAAP) of 0.97 Yuan. Earnings showed that Zhaopin 1.26 yuan per share in the quarter, exceeding analysts ' expectations.

Also, on average, 3 Wall Street analysts expect Zhaopin to have a total revenue of 257.41 million yuan in the quarter. Earnings showed that Zhaopin's total revenue in the quarter was 283.6 million yuan, exceeding analysts ' expectations.

Main results of the quarter:

Zhaopin's total revenue for the quarter was 283.6 million yuan (about 45.7 million U.S. dollars), up 18.1% from a year earlier;

Zhaopin's online recruitment service revenue for the quarter was 241.4 million yuan (about 38.9 million U.S. dollars), up 17.2% from a year earlier;

Zhaopin's gross profit margin was 92.6% in the quarter, compared with 92.7% in the same period last year;

Zhaopin's net profit for the quarter was 55 million yuan (about 8.9 million U.S. dollars), up 47.6% from a year earlier;

Not in accordance with the United States General accounting standards (excluding equity incentive expenses), Zhaopin net profit for the quarter of 62.8 million yuan (about 10.1 million U.S. dollars);

Zhaopin the basic and diluted earnings for each share of U.S. depository receipts in the quarter were RMB 1.24 (about 0.20 USD) and RMB 1.12 (about 0.18 USD).

Not in accordance with the United States General accounting standards (excluding equity incentive payments), Zhaopin the first quarter of the U.S. depository receipts for each share of the basic and diluted income of 1.40 yuan (about 0.22 U.S. dollars) and 1.26 yuan (about 0.20 U.S. dollars).