The China-based integrated human resource services provider posted annual total revenues of RMB2,881.2m (£329.3m), up 21.4% on 2016, while gross margin increased to 73.2% compared with 71.6% in 2016.

Over Q4, total revenues increased 25.6% over Q4 2016 to RMB872.1m, with gross margin increasing to 73.3% compared with 70.8% in Q4 2016.

Rick Yan, 51job president and CEO said: “We are very pleased to deliver robust fourth quarter results that cap off a memorable 2017, highlighted by terrific sales execution and productivity.

“Our online business maintained solid growth, which was again realised through not only new employer additions but also increased spending by existing employers. The other HR services area outperformed on the back of our strengthened cross-promotion efforts that drove meaningful improvement in customer understanding and uptake of these services.

“For 2018, we will continue to develop, acquire and integrate more product offerings across the entire HR value chain.”

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