Bitauto (BITA) Tops Q1 EPS by 22c, Beats on Revenues
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Bitauto Announces First Quarter 2018 Results
June 13, 2018 6:21 AM EDTFirst quarter revenue increased 52.3% year-over-yearRevenue from transaction services increased 101.0% year-over-year
BEIJING, June 13, 2018 /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 first quarter ended March 31, 2018[1].
Bitauto First Quarter 2018 Highlights
Revenue in the first quarter of 2018 was RMB2.17 billion (US$346.1 million), a 52.3% increase from the corresponding period in 2017. Gross profit in the first quarter of... More