Bitauto Holdings Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of RMB 1,391,413,309 compared to RMB 1,061,298,833 a year ago. Operating loss was RMB 373,434 compared to RMB 48,422,695 a year ago. Loss before tax was RMB 11,596,356 compared to RMB 38,514,196 a year ago. Net loss attributable to ordinary shareholders of the parent company was of RMB 48,365,906 or RMB 0.14 per diluted share compared to RMB 57,499,709 or RMB 0.30 per diluted share a year ago. Non-GAAP net profit was RMB 124,763,282 compared to RMB 122,566,801 a year ago. Basic and diluted net loss per ADS, each representing one ordinary share was RMB 1.37.

For six months, the company reported revenue of RMB 2,474,916,881, operating loss of RMB 78,013,452, loss before tax was RMB 96,221,195, net loss attributable to ordinary shareholders of the parent company were of RMB 157,462,782 and Non-GAAP net profit was RMB 193,959,393.

The company currently expects to generate revenue in the range of RMB 1.37 billion to RMB 1.42 billion in the third quarter of 2016. This forecast takes into consideration seasonality factors in Bitauto's business, and excludes any impact of foreign currency fluctuation. It reflects management's current and preliminary view, which is subject to change.