Bitauto (BITA) Posts Q4 EPS of $0.48
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Bitauto Announces Fourth Quarter and Fiscal Year 2016 Results
March 1, 2017 6:17 AM ESTFull-year revenue from transaction services increased 133.6% year-over-year to RMB1.55 billion in 2016
BEIJING, March 1, 2017 /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, 2016[1].
Fourth Quarter and Fiscal Year 2016 Highlights[2]
Revenue in the fourth quarter of 2016 was RMB1.75 billion (US$251.9 million), a 31.9% increase from the corresponding period in 2015. Revenue in fiscal year 2016 was RMB5.77 billion... More