Jobstreet reports RM14.9m net profit

KUALA LUMPUR, February 20 – JobStreet Corporation Berhad posted its unaudited quarterly results for the final quarter of 2012 with consolidated revenue and net profit attributable to shareholders increasing 7.2% and 109.0% year-on-year respectively.

The increase in revenue for the quarter was mainly due to the strong sales of online job posting services. 

In addition, the reversal of an impairment loss on an investment in an associate amounting to RM4.1 million had favourably impacted the Group’s profitability for the quarter. 

In line with the financial performance of the Group, the Board of Directors are pleased to announce the declaration of the fourth interim single tier dividend of 1.75 sen per share.

The recommendation for the payment of a final dividend will be announced in due course once the audited profit attributable to shareholders for the year ended 31 December 2012 has been finalised. – Bernama