Bitauto (BITA) Tops Q3 EPS by 1c
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Bitauto Announces Third Quarter 2017 Results
November 20, 2017 5:35 AM ESTBEIJING, Nov. 20, 2017 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China's fast-growing automotive industry, today announced its unaudited financial results for the third quarter ended September 30, 2017[1].
Bitauto Third Quarter 2017 Highlights
Revenue in the third quarter of 2017 was RMB2.34 billion (US$352.4 million), a 53.7% increase from the corresponding period in 2016. Gross profit in the third quarter of 2017 was RMB1.51 billion (US$227.4 million), a 54.0% increase from the corresponding... More