JobStreet Group sees revenues up 574 per cent and net profit up 74 per cent for the year ending December 31, 2005

Released on = March 3, 2006, 2:43 am

Press Release Author = PRHUB

Industry = Human Resources

Press Release Summary = JobStreet, a leading online recruitment company in the
region, listed on the Mesdaq market of Bursa Malaysia, today announced that it has
posted a higher net profit of Rs.196.8 million for the financial year ended December
31, 2005 compared with Rs.111.6 million the previous year, representing year-on-year
growth of 76%.

Press Release Body =
Bangalore, March 3, 2006: JobStreet, a leading online recruitment company in the
region, listed on the Mesdaq market of Bursa Malaysia, today announced that it has
posted a higher net profit of Rs.196.8 million for the financial year ended December
31, 2005 compared with Rs.111.6 million the previous year, representing year-on-year
growth of 76%. The revenues for the year ending 31 December 2005 were Rs.660 million
representing an year-on-year growth of 57.4% compared to Rs.418.8 million the
previous year. For the fourth quarter, the JobStreet Group's revenue rose to
Rs.171.6 million recording a growth of 50.2% compared to Rs.114 million in the
corresponding period in 2004. In terms of profitability, the Group's profit after
taxation and minority interests also increased to Rs.52.8 million representing a
remarkable growth as compared to the Rs.25 million reported in the corresponding
quarter of 2004.

Commenting on the excellent results, Mark Chang, CEO of JobStreet Corporation
Berhad, said,\"We are happy with the Group's performance as JobStreet has continued
to deliver solid growth and profits in the year after our IPO. This is a reflection
of customers' confidence in online recruitment services as more and more employers
and jobseekers are using us. Our growth in revenue and profits were attributed to an
expansion in customer base with more and more companies finding out
how easy, fast and cost-effective online recruitment is."

JobStreet group operates the JobStreet.com online recruitment portals in Malaysia,
Singapore, India, Indonesia and Philippines. The Group currently services over
20,000 corporate customers and 4 million jobseekers. It is also a leading supplier
of Applicant Tracking Solutions in the region. JobStreet.com's other international
partnerships for marketing job postings include Seek.com.au (Australia & New
Zealand). JobStreet is the only listed job portal in the region listed on MESDAQ in
Malaysia (Ticker JOBS). JobStreet is a TRUSTe® certified job portal, assuring
privacy of the data gathered.
For editorial enquiries only contact Sonia/Prakruthi of PRHUB @ 22998141.


Web Site = http://

Contact Details = # 298, Bangalore

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