eHi Car Services Limited (EHIC) Reports Q3 EPS of RMB0.32

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eHi Car Services Announces Third Quarter 2016 Results

November 16, 2016 6:19 AM EST

SHANGHAI, Nov. 16, 2016 /PRNewswire/ --

Net revenues increased by 47.8% year-over-year Net income increased by 269.5% year-over-year

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 third quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Net revenues increased by 47.8% year-over-year to RMB582.1 million (US$87.3 million[1]) for the third quarter of 2016, from RMB393.8 million for the third quarter of 2015.... More