AutoHome continues to trend upward in Q1

10 May 2017

Autohome Inc. (NYSE:ATHM), operator of one of China’s two online auto sites listed overseas, is looking leaner in its first quarterly report of 2017. While net revenue growth dropped off from the pace set in 2016, operating profits for Q1 increased 79.6 percent year-over-year, to RMB 347.3 million ($50.5 million U.S.) Net revenue increased by 23.3 percent year-over-year to RMB 1.35 billion ($195.9 million U.S.). While…

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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.