Bitauto (BITA) Tops Q2 EPS by 4c; Issues Light Q3 Revenue Outlook
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Bitauto Announces Second Quarter 2015 Unaudited Financial Results
August 6, 2015 5:37 PM EDTBEIJING, Aug. 6, 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 second quarter 2015 ended June 30, 2015[1].
Second Quarter 2015 Highlights
Revenue in the second quarter of 2015 was RMB1.01 billion (US$162.2 million), a 92.5% increase from the corresponding period in 2014. Gross profit in the second quarter of 2015 was RMB682.1 million (US$110.0 million), a 62.7% increase from the corresponding period in 2014.... More