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Taiwan – 104 Corp first quarter revenue climbs 19% as profits rise

20 April 2022

Job board 104 Corp (3130: TAI) on Friday 104 Corporation published its unaudited financial report for the first quarter ended 31 March 2022. Operating revenue for the first quarter of 2022 amounted to TWD 520.2 million (USD 17.7 million) with a 18.81% increase over the year.

The company attributed its sales growth of its job bank businesses. Operating income and pre-tax income were TWD 144 million (USD 4.9 million) and TWD 149 million (USD 5.0 million), increasing by 41.85% and 40.77% on a year-over-year basis, respectively.

Earlier this month, the group reported revenue in March 2022 of TWD 212 million (USD 7.3 million), an increase of 19.9% compared to the same period in 2021 and ahead of the prior two months of the year.

(TWD millions) Q1 2022 Q1 2021 Change Q1 2022 (USD millions)
Operating Revenue 520.2 437.9 18.8% 17.7
Operating Income 144.3 101.7 41.8% 4.9
Pre-tax Income 149.0 105.8 40.7% 5.0

104 Corporation, headquartered in Taipei, has been a provider of integrated human resource services in Taiwan since 1996. 104 Corporation was the first listed internet company on the Taiwan Stock Exchange in 2006.

The company provides a variety of HR-related services and management solutions, including online talent acquisition and recruitment services, career competitiveness, executive search, HR Portal, HR Academy, testing and assessment, and other complementary HR consulting services.

Shares in 104 Corp closed on Friday at TWD 195.00 (USD 6.66), up 0.51% on the day. The company has a market cap of TWD 6.65 billion (USD 227.1 million).