58.com Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total revenues of RMB 3,430,530,000 against RMB 2,593,307,000 a year ago. Income from operations was RMB 742,929,000 against RMB 582,412,000 a year ago. Income before tax was RMB 837,006,000 against RMB 623,926,000 a year ago. Net income attributable to the company was RMB 685,320,000 against RMB 539,271,000 a year ago. Non-GAAP income from operations was RMB 888,697,000 against RMB 716,109,000 a year ago. Non-GAAP net income attributable to the company was RMB 817,540,000 against RMB 661,578,000 a year ago. Diluted non-GAAP net earnings per ordinary share attributable to was RMB 2.73 against RMB 2.25 a year ago. Diluted net earnings per ordinary share attributable to ordinary shareholders were RMB 2.29 against diluted net earnings per ordinary share attributable to ordinary shareholders of RMB 1.83 a year ago.

For the period, the company reported total Revenue was RMB 5,901,703,000 against RMB 4,581,578,000 a year ago. Income from operations was RMB 1,009,734,000 against income from operations of RMB 660,323,000 a year ago. Income before tax was RMB 1,112,634,000 against income before tax of RMB 605,044,000 a year ago. Net income attributable to the company was RMB 859,895,000 against net income attributable to the company of RMB 517,754,000 a year ago. Diluted net earnings per ordinary share attributable to ordinary shareholders were RMB 2.88 against diluted net earnings per ordinary share attributable to ordinary shareholders of RMB 1.76 a year ago. Non-GAAP income from operations was RMB 1,300,249,000 against RMB 933,285,000 a year ago. Non-GAAP net income attributable to the company was RMB 1,123,290,000 against non-GAAP net income attributable to the company of RMB 767,313,000 a year ago. Diluted non-GAAP net earnings per ordinary share attributable to was RMB 3.76 against diluted non-GAAP net earnings per ordinary share attributable to of RMB 2.61 a year ago.

Based on the company's current operations, total revenues for the third quarter of 2018 are expected to be between RMB 3,450 million and RMB 3,550 million. This represents a year-over-year increase of 26.7% to 30.4% in Renminbi amounts.