Growth Slowing at Monster's ChinaHR? (MNST, JOBS)

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Includes: JOBS, MWW
by: Ezra Marbach

Q4 2005 Earnings Conference Call:

Monster Worldwide CFO Lanny Baker:

We are expecting a $2 million loss on the equity income line from our share of ChinaHR’s first quarter losses. ChinaHR grew at the top line approximately 50% at the end of 2005, and we are encouraging them to invest in brand building and sales force expansion today, in order to cement their position for the long-term.

The equity loss from ChinaHR is expected to be 7 to 8 million in 2006.

Q3 2005 Earnings Conference Call:

Monster Worldwide CFO Lanny Baker:

Meanwhile, in the big long-term opportunity that is China, our partner, China HR, again posted revenue growth in the vicinity of 100% year-to-year.

Related: All Monster (ticker: MNST) articles from SeekingAlpha here.