Jobstreet Corp Bhd, Shangri-La

Jobstreet Corp Bhd saw its net profit increased 86% to RM2.4mn or 0.34sen a share for the
1QFY15, from RM1.3mn or 0.20sen a share a year ago. The company saw its share of profit
from equity accounted associates in 1QFY15, grown by 38.8% year-on-year, mainly driven
by its associate in Taiwan whose performance continues to meet expectations. Jobstreet
attributed the increase to higher other operating income, interest income and share of profit
of equity accounted associates, and partially negated by higher operating expenses.
Quarterly revenue went up marginally by 4.42% to RM590k, from RM565k last year.
Following the disposal of its online job portal business to SEEK Asia in November last year,
Jobstreet stated that the group’s future prospects will depend on the performance of its
associated companies in Taiwan and Malaysia, quoted investments in Hong Kong, and
operating activities, including Autoworld, in Malaysia. (The Edge)

Shangri-La Hotels (M) Bhd’s net profit fell 8.5% to RM25.6mn in the 1QFY15, from
RM27.9mn in the previous corresponding quarter. The hotel and resort group’s revenue
declined nearly 12% to RM120.7mn, from RM137mn a year earlier. Shangri-La stated that its
overall financial results reflected the reduced operating performances across all its hotels
and resorts, due to significant decreases in occupancy amid a weaker business environment.
(The Edge)