Bitauto (BITA) Tops Q3 EPS by 10c

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Bitauto Announces Third Quarter 2015 Unaudited Financial Results

November 9, 2015 5:02 AM EST

BEIJING, Nov. 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 third quarter 2015 ended September 30, 2015[1].

Third Quarter 2015 Highlights

Revenue in the third quarter of 2015 was RMB1.07 billion (US$167.6 million), a 75.2% increase from the corresponding period in 2014. Gross profit in the third quarter of 2015 was RMB719.8 million (US$113.2 million), a 47.4% increase from the corresponding period in 2014.... More