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Recruiting website SEEK reveals profit hit from coronavirus pandemic – NEWS.com.au
Recruiting website SEEK reveals profit hit from coronavirus pandemic as jobs market dries up
Recruiting group SEEK has revealed the financial damage caused by the coronavirus pandemic, saying the outlook for jobs remains uncertain. The Melbourne-based company posted a loss of $111.7 million for the year ended June 30, a 162 per cent decline compared with the 2019 financial year.
SEEK’s overall earning before tax and interest declined by $40.1 million to $414.9 million for the 2020 financial year, a 9 per cent drop compared with the previous corresponding period.
The company said the f…
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