51job's CEO Discusses Q2 2012 Results - Earnings Call Transcript

51job, Inc. (JOBS)

Q2 2012 Earnings Call

August 9, 2012 9:00 p.m. ET


Linda Chien – Head of IR

Rick Yan – President and CEO

Kathleen Chien – COO and Acting CFO


Philip Wan – Morgan Stanley

Wendy Huang - CIMB Securities

Stephen Sheldon - William Blair & Company

Alicia Yap – Barclays Capital

Alex Leung – SAC Capital

Wallace Cheung – Credit Suisse



Good morning and good evening, ladies and gentlemen. Thank you for holding. Welcome to the 51job Inc.’s second quarter 2012 conference call. At this time all participants are in a listen-only mode. After the presentation there will be an opportunity to ask questions. (Operator Instructions)

I will now hand the conference over to Ms. Linda Chien, the Vice President and Head of Investor Relations. Thank you, madam. Please go ahead.

Linda Chien

Thank you, Ming, and thank you all for attending this teleconference to discuss unaudited financial results for the second quarter ended June 30, 2012. 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 second quarter 2012 results was issued earlier today and a copy may be obtained through our website at ir.51job.com.

Before we begin, I would like to remind you that during this call statements regarding targets for the third quarter of 2012, future business and operating results constitute forward-looking statements within the meaning of Section 21-E 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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