@naoeoxi
BEIJING, Aug. 11, 2014 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of Internet content and marketing services for Chinas fast-growing automotive industry, today announced its unaudited financial results for the second quarter 2014 ended June 30, 2014[1].
Second Quarter 2014 Highlights
Revenue in the second quarter of 2014 was RMB522.3 million (US$84.2 million), a 54.5% increase from the corresponding period in 2013.
Gross profit in the second quarter of 2014 was RMB419.3 million (US$67.6 million), a 64.3% increase from the corresponding period in 2013.
Operating profit in the second quarter of 2014 was RMB131.8 million (US$21.2 million), a 159.5% increase from the corresponding period in 2013.
IFRS profit in the second quarter of 2014 was RMB115.9 million (US$18.7 million), a 107.6% increase from the corresponding period in 2013.
Non-GAAP profit in the second quarter of 2014 was RMB124.2 million (US$20.0 million), a 110.3% increase from the corresponding period in 2013.
Non-GAAP basic and diluted profit per ADS in the second quarter of 2014 was RMB2.99 (US$0.48) and RMB2.80 (US$0.45), respectively.
