Bitauto Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported revenue of RMB 2,734,761,000 as compared to RMB 2,171,145,000 for the same period last year. Profit from operations was RMB 57,839,000 as compared to loss of RMB 313,327,000 for the same period last year. Net income was RMB 92,848,000 as compared to loss of RMB 288,284,000 for the same period last year. Basic earnings per share was RMB 0.43 as compared to loss of RMB 2.34 for the same period last year. Diluted earnings per share was RMB 0.29 as compared to loss of RMB 2.35 for the same period last year.

Bitauto currently expects to generate revenue in the range of RMB 2.70 billion (USD 402.3 million) to RMB 2.80 billion (USD 417.2 million) in the second quarter of 2019, representing a 5.3% to 9.2% increase from the corresponding period in 2018.