eHi Car Services Limited (EHIC) Reports Q4 Loss of RMB0.18

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eHi Car Services Announces Fourth Quarter and Full Year 2015 Results

March 28, 2016 6:00 PM EDT

SHANGHAI, March 28, 2016 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rentals and car services provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Highlights

Net revenues increased by 71.0% year-over-year to RMB421.5 million (US$65.1 million[1]) for the fourth quarter of 2015, from RMB246.5 million for the fourth quarter of 2014.

Three months ended December... More