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51job's CEO Discusses Q3 2011 Results - Earnings Call Transcript

51job, Inc. ( JOBS)

Q3 2011 Earnings Call

November 9, 2011 8:00 PM ET

Executives

Linda Chien – Assistant VP, IR

Rick Yan – President and CEO

Kathleen Chien – Acting CFO, COO and Co-Founder

Analysts

Timothy McHugh – William Blair

Wendy Huang – RBS

Wallace Cheung – Credit Suisse

Chun Zhao – SIG

Joseph Tse – FIL Investment

Presentation

Operator

Good morning, good afternoon and good evening, ladies and gentlemen. Thank you for holding. Welcome to the 51job Inc. Third Quarter 2011 Conference Call. At this time, all participants are in a listen-only mode. After the presentation, there will be an opportunity to ask questions. Instructions will be provided at that time. (Operator Instructions)

I will now hand the conference over to Ms. Linda Chien, Head of Investor Relations. Thank you, ma’am. Please go ahead.

Linda Chien

Thank you, Maggie, and thank you all for attending this teleconference to discuss unaudited financial results for the third quarter ended September 30, 2011. With me for today’s call are Rick Yan, President and Chief Executive Officer, and Kathleen Chien, Chief Operating Officer and Acting Chief Financial Officer. A press release containing third quarter results was issued earlier today and a copy may be obtained through our Web site at ir.51job.com.

Before we begin, I would like to remind you that during this call, statements regarding targets for the fourth quarter of 2011, future business and operating results constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended and as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon management’s current expectations and actual results could differ materially.

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