Seek (ASX:SEK) has released its annual report and the company says in 2018 it delivered a strong underlying financial result with sales revenue growth of 25 per cent to $1.3 billion.
Meantime, earnings increased by 15 per cent to $433 million.
Profit was down from $340 million to $53 million due to a number of significant items including a $119 million impairment charge.
The online employment company says group cash flows remain strong and supported total financial year dividends of 46 cents.
Seek finalized two key M& A transactions including the privatization and delisting of Zhaopin, one of China's largest online recruitment sites from the New York Stock Exchange.
Shares in Seek (ASX:SEK) closed 0.4 per cent lower at $17.98.