Bitauto (BITA) Tops Q4 EPS by 12c; Guides Q1 Revs Above Consensus
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Bitauto Announces Fourth Quarter and Fiscal Year 2014 Results
March 9, 2015 6:48 AM EDTBEIJING, March 9, 2015 /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 fourth quarter and fiscal year ended December 31, 2014[1].
Fourth Quarter and Fiscal Year 2014 Highlights
Revenue in the fourth quarter of 2014 was RMB975.2 million (US$157.2 million), a 101.7% increase from the corresponding period in 2013. Revenue in fiscal year 2014 was RMB2.46 billion (US$396.3 million), a 70.8% increase from 2013. Gross profit in the... MoreBitauto Announces Changes to Board of Directors
March 5, 2015 5:00 AM ESTBEIJING, March 5, 2015 /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 the appointment of Mr. Jun Hou as an independent director to its board of directors ("the board"), effective March 5, 2015.
Mr. Jun Hou is currently chairman of Yanyuan Alumni (Beijing) Investment Management Limited, where he manages the Entrepreneur's Training Camp of Peking University. Mr. Hou has extensive experience in China's Telematics sector. He was the co-founder and served as the honorary... More
