Bitauto Holdings (BITA) Tops Q1 EPS by 5c
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Bitauto Announces Third Quarter 2014 Unaudited Financial Results
November 14, 2014 5:00 AM ESTBEIJING, Nov. 14, 2014 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced its unaudited financial results for the third quarter 2014 ended September 30, 2014[1].
Third Quarter 2014 Highlights
Revenue in the third quarter of 2014 was RMB608.0 million (US$99.0 million), a 60.7% increase from the corresponding period in 2013. Gross profit in the third quarter of 2014 was RMB488.2 million (US$79.5 million), a 73.4% increase from the corresponding period in 2013. Operating profit... More